Comparative analysis of labor market dynamics using Markov processes: An application to informality

Labour Economics

Volumn 17, Issue 4, 2010, Pages 621-631

  Bosch, Mariano ^a   Maloney, William F ^b  

^a UNIVERSITY OF ALICANTE   (Spain)

^b WORLD BANK   (United States)

Author keywords

Informality; Labor market dynamics; Markov processes; Search and matching models

Indexed keywords

EID: 77953541750     PISSN: 09275371     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.labeco.2010.01.005     Document Type: Article

References (40)

1. Albrecht J.W., Navarro L., Vroman S.B. The effects of labor market policies in an economy with an informal sector. Economic Journal, Royal Economic Society 2009, 119(539):1105-1129.
2. Balassa B. Trade liberalization and 'revealed' comparative advantage. The Manchester School 1965, 33:99-123.
3. Blanchard O., Diamond P. The flow approach to labor markets. American Economic Review, American Economic Association 1992, 82(2):354-359. May.
4. Bosch, M. and W. F. Maloney (2005). "Labor Market Dynamics in Developing Countries: Comparative Labor Markets Analysis Using Continuous Time Markov Processes". Policy Research Working Paper 3583, World Bank., Washington, DC.
5. Botero J.C., Djankov S., La Porta R., Lopez de Silanes F., Shleifer A. The regulation of labor. The Quarterly Journal of Economics 2004, 119(4):1339-1382.
6. De Paula, A. and J, A. Scheinkman (2008). "The Informal Sector, Third Version". PIER Working Paper No. 08-018.
7. Duryea, S.G., Marquez, C., Pages, and S. Scarpetta (2006). "For Better or for Worse? Job and Earnings Mobility in Nine Middle and Low- income Countries." Mimeo IDB. Subsequently published in Brookings Trade Forum 2006, 187-203.
8. Elsby M., Solon G., Michaels R. The ins and outs of cyclical unemployment. American Economic Journal: Macroeconomics 2009, 1(1):84-110.
9. Evans D.S., Jovanovic B. An estimated model of entrepreneurial choice under liquidity constraints. Journal of Political Economy 1989, 95(4):657-674.
10. Fields G.S. A guide to multisector labor market models. World Bank Labor Market Conference, Washington, DC, November 18-19, 2004 2006.
11. Fiess, N. and M. Fugazza, and W. Maloney (forthcoming). "Informal Self employment and Macro Economic Fluctuations". Journal of Development Economics.
12. Flinn C.J., Heckman J.J. New methods for analyzing structural models of labor force dynamics. Journal of Econometrics 1982, 18:115-168.
13. Fougère D., Kamionka T. Bayesian inference for the Mover-Stayer model in continuous time with an application to labour market transition data. Journal of Applied Econometrics 2003, vol. 18(6):697-723. John Wiley & Sons, Ltd.
14. Fougère, D. and T. Kamionka (2008) "Econometrics of Individual Labour Market Transitions." in Laslo Matyas and Patrick Sevestre, The Econometrics of Panel Data: A Handbook of the Theory with Applications. 3rd Edition. Springer, 2008, 865-905. Kluwer, Boston.
15. Fugazza M., Jacques J.F. Labor market institutions, taxation and the underground economy. Journal of Public Economics 2004, 88:395-418.
16. Gasparini, L. and L. Tornarolli (2007). "Labor Informality in Latin America and the Caribbean: Patterns and Trends from Household Survey Micro data". Centro de Estudios Distributivos, Laborales y Sociales, Universidad Nacional de La Plata. Documento de Trabajo Nro 0.
17. Geweke J., Marshall R., Zarkin G. Exact inference for continuous time Markov chain models. Review of Economic Studies 1986, 53(4):653-669.
18. Groisman F., Marshall A. Determinantes del Grado de Desigualdad Salarial en la Argentina: Un Estudio Interurbano. Desarrollo Económico 2005, 45(178):281-301. Jul. - Sep., 2005.
19. Heckman J., Pages C. Law and employment: lessons from Latin America and the Caribbean, NBER Conference Report 2004, University of Chicago Press, Chicago.
20. Heckman J., Sedlacek G. Heterogeneity, aggregation, and market wage functions: and empirical model of self-selection in the labor market. Journal of Political Economy 1985, 93(6):1077-1125.
21. Women and Men in the Informal Economy: "A Statistical Picture" Geneva 2002, International Labour Organization.
22. Kalbfleisch J.D., Lawless J.F. The analysis of panel data under Markov assumptions. Journal of the American Statistical Association 1985, 80:863-871.
23. Levy S. Good intentions, bad outcomes: social policy, informality, and economic growth in Mexico 2008, Brookings Institution Press, Washington, DC.
24. Loayza N. The economics of the informal sector: a simple model and some empirical evidence from Latin America. Carnegie Rochester Conference Series on Public Policy 1996, 45:129-162. North Holland.
25. Lucas R.E. On the size distribution of business firms. The Bell Journal of Economics 1978, 9(2):508-523. Autumn, 1978.
26. Magnac T. Segmented or competitive labor markets. Econometrica 1991, 59(1):165-187.
27. Magnac T., Robin J.-M. An econometric analysis of labour market transitions using discrete and tenure data. Labour Economics 1994, 1:327-346.
28. Maloney W.F. Does informality imply segmentation in urban labor markets? Evidence from sectoral transitions in Mexico. World Bank Economic Review 1999, 13:275-302.
29. Maloney W.F. Mexican labor markets: protection, productivity and power. No Growth Without Equity? Inequality, Interests and Competition in Mexico 2009, Palgrave Macmillan/World Bank. S. Levy, M. Walton (Eds.).
30. Maloney, W. F. and J. Nuñez (2004). "Measuring the Impact of Minimum Wages." in J. Heckman and C. Pages eds. Law and Labor Markets: Lessons from Latin America, National Bureau of Economic Research and University of Chicago Press.
31. Nagypal E. Worker reallocation over the business cycle: the importance of job-to-job transitions. Working Paper, Northwestern University 2008.
32. Pages, C. and M. Stampini (2006). "Skills and Labor Mobility in Emerging Economies," mimeo, World Bank: Washington DC.
33. Perry G., Maloney W., Arias O., Fajnyzlber P., Mason A., Saavedra J. Informality: exit and exclusion 2007, World Bank, Washington, D.C.
34. Pissarides C. Equilibrium Unemployment Theory 2000, MIT Press.
35. Rauch J.E. Modelling the informal sector formally. Journal of Development Economics 1991, 35:35-47.
36. Rosen S. Substitution and division of labour. Economica 1978, 45:235-250.
37. Shimer R. The cyclicality of hires, separations, and job to job transitions. Federal Reserve of St. Louis Review 2005, 87(4):493-507. July/August.
38. Shimer, R. (2007). "Reassessing the Ins and Outs of Unemployment", NBER Working Paper No. W13421.
39. Singer B., Spilerman S. The representation for social processes by Markov models. American Journal of Sociology 1976, 82:1-54.
40. Zenou Y. Job search and mobility in developing countries, theory and policy implications. Journal of Development Economics 2008, 86:336-355.