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...

Полное описание

Библиографические подробности
Главный автор: Shibata, Ippei
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2019.
Серии:IMF Working Papers; Working Paper ; No. 2019/282
Online-ссылка:Full text available on IMF