EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/21518
  
Title:Employment Dynamics in the Romanian Labor Market: A Markov Chain Monte Carlo Approach PDF Logo
Authors:Voicu, Alexandru
Issue Date:2002
Series/Report no.:IZA Discussion paper series 438
Abstract:We use micro data from the Romanian Labor Force Survey to analyze the effect of the restructuring process on the employment dynamics of urban residents in the Romanian labor market. We analyze the way personal characteristics influence individuals? ability to adjust to labor market transformations. Sequential employment decisions made by individuals are modeled as Markov decision processes. The resulting multivariate probit models are estimated using Markov Chain Monte Carlo techniques.
Subjects:Employment dynamics
transition economy
Markov chain Monte Carlo
JEL:C15
J23
C35
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

Files in This Item:
File Description SizeFormat
dp438.pdf840.55 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/21518

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.