Labor Market Segmentation in Colombia 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 during the period from 1993 to 2000, and corroborate the existence of structural changes in wages during the nineteen nineties

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Year of publication:	2010-06-09
Authors:	Mora, Jhon James
Institutions:	UNIVERSIDAD ICESI
Subject:	Labor market segmentation \| Markov Chains \| structural changes

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Series:	BORRADORES DE ECONOMÍA Y FINANZAS.
Type of publication:	Book / Working Paper
Notes:	1 pages long
Classification:	J30 - Wages, Compensation, and Labor Costs. General ; J42 - Monopsony; Segmented Labor Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008468491