Mobility Indices in Continuous Time Markov Chains

Geweke, John; Marshall, Robert C.; Zarkin, Gary A.

doi:10.2307/1914306

Cited by 172 publications

(101 citation statements)

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“…Finally, as in Bosch and Maloney (2005) we employ an overall measure of mobility of the intensity matrix to assess the can be computed following Geweke, Marshall and Zarkin (1986) who extend the work of Shorrocks (1978) in the construction of mobility indices in discrete time to continuous time models. This index satisfies a series of desirable properties such as monotonicity, strong immobility; velocity and freedom from aliasing (see Geweke 1986).…”

Section: Mobilitymentioning

confidence: 99%

“…In both self-employment and formal salaried work, although not in informal salaried, duration is higher among older and more educated workers. Table 4 presents the Geweke, Marshall and Zarkin (1986) mobility index for the three countries, by country, gender age and educational group. Argentina emerges as the country with the least mobility for all groups with Mexico and Brazil more or less similar to each other, with Mexico only slightly more mobile in most of the subgroups.…”

Section: Turnover Duration and Labor Market Flexibilitymentioning

confidence: 99%

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

2010

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit company supported by Deutsche Post World Net. The center is associated with the University of Bonn and offers a stimulating research environment through its research networks, research support, and visitors and doctoral programs. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. Terms of use: Documents in Comparative Analysis of Labor Market Dynamics Using Markov Processes: An Application to Informality Mariano Bosch William Maloney D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. ABSTRACT Comparative Analysis of Labor Market Dynamics Using Markov Processes: An Application to InformalityThis paper discusses a set of statistics for examining and comparing labor market dynamics based on the estimation of continuous time Markov transition processes. It then uses these to establish stylized facts about dynamic patterns of movement using panel data from Argentina, Brazil and Mexico. The estimates suggest broad commonalities among the three countries, and establish numerous common patterns of worker mobility among sectors of work and inactivity. As such, we offer some of the first comparative work on labor dynamics. The paper then particularly focuses on the role of the informal sector, both for its intrinsic interest, and as a case study illustrating the strengths and limits of the tools. The results suggest that a substantial part of the informal sector, particularly the self-employed, corresponds to voluntary entry although informal salaried work may correspond more closely to the standard queuing view, especially for younger workers.JEL Classification: C14, J21, J24, J64, O17

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Section: Mobilitymentioning

confidence: 99%

Section: Turnover Duration and Labor Market Flexibilitymentioning

confidence: 99%

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

2010

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“…It highlights two di erent c haracteristics in that sequence: (i) the changing shape of the distribution, and (ii) the intradistribution dynamics, how a given part of the distribution at time t transits to another part of the distribution by time t + s. Call (i) and (ii) shape and mobility dynamics. 13 Subsequent analysis will decompose distribution dynamics into these two components.…”

Section: Distribution Dynamicsmentioning

confidence: 99%

“…We can further clarify M's role by using a mobility index (Geweke, Marshall, and Zarkin [13] or Shorrocks [32]). Analogous to measures of income inequality|summarizing the information in an entire distribution into a single scalar|a mobility index collapses into one number the mobility information in a transition probability.…”

Section: Distribution Dynamicsmentioning

confidence: 99%

Aggregate and Regional Disaggregate Fluctuations

Quah

1996

Long-Run Economic Growth

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“…Geweke et al (1986) apresentam medidas de mobilidade para o caso contínuo que, segundo os autores evitariam as inconsistências existentes nas propriedades propostas por Shorrocks.…”

Section: Mobilidade Intergeracional: Conceito E Mensuraçãounclassified

Mobilidade intergeracional de educação no Brasil

Paschoal¹

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Mobility Indices in Continuous Time Markov Chains

Cited by 172 publications

References 11 publications

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

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

Aggregate and Regional Disaggregate Fluctuations

Mobilidade intergeracional de educação no Brasil

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