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...

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Detalhes bibliográficos
Autor principal: Shibata, Ippei
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2019.
Colecção:IMF Working Papers; Working Paper ; No. 2019/282
Acesso em linha:Full text available on IMF