Arbeitspapier
Employment Dynamics in the Romanian Labor Market: A Markov Chain Monte Carlo Approach
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.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 438
- Classification
-
Wirtschaft
Statistical Simulation Methods: General
Labor Demand
Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- Subject
-
Employment dynamics
transition economy
Markov chain Monte Carlo
Arbeitsmarkt
Übergangswirtschaft
Erwerbsverlauf
Arbeitsangebot
Schätzung
Rumänien
- Event
-
Geistige Schöpfung
- (who)
-
Voicu, Alexandru
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2002
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Voicu, Alexandru
- Institute for the Study of Labor (IZA)
Time of origin
- 2002
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