Labor market segmentation using Stochastic Markov chains

This article discusses regional labor segmentation using stochastic Markov chains. We present a formal model and derive preliminary results using the evolution of wages in Colombian urban areas. The results show that there was regional labor market segmentation in wages for university graduates duri...

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Autores:
Mora Rodríguez, Jhon James
Tipo de recurso:
Article of investigation
Fecha de publicación:
2009
Institución:
Universidad ICESI
Repositorio:
Repositorio ICESI
Idioma:
eng
OAI Identifier:
oai:repository.icesi.edu.co:10906/65272
Acceso en línea:
http://biblioteca2.icesi.edu.co/cgi-olib?session=-1&infile=details.glu&loid=241299&rs=5540524&hitno=-1
http://hdl.handle.net/10906/65272
Palabra clave:
DEPARTAMENTO DE ECONOMÍA
MARKOV CHAINS
STRUCTURAL CHANGES
SEGMENTACIÓN DEL MERCADO
CADENAS DE MARKOV
LABOR MARKET SEGMENTATION
CAMBIOS ESTRUCTURALES
Economía
Econometría
Economics
Econometrics models
Rights
openAccess
License
https://creativecommons.org/licenses/by-nc-nd/4.0/
Description
Summary:This article discusses regional labor segmentation using stochastic Markov chains. We present a formal model and derive preliminary results using the evolution of wages in Colombian urban areas. The results show that there was regional labor market segmentation in wages for university graduates during the period from 1993 to 2000, and corroborate the existence of structural changes in wages during the nineteen nineties.