Labor Market Dynamics : A Hidden Markov Approach /
This paper proposes a hidden state Markov model (HMM) that incorporates workers' unobserved labor market attachment into the analysis of labor market dynamics. Unlike previous literature, which typically assumes that a worker's observed labor force status follows a first-order Markov proce...
Autor Principal: | |
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Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2019.
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Series: | IMF Working Papers; Working Paper ;
No. 2019/282 |
Acceso en liña: | Full text available on IMF |