Dynamics of probabilistic labor markets: statistical physics perspective

He Chen () and Jun-ichi Inoue ()
Additional contact information
He Chen: Hokkaido University
Jun-ichi Inoue: Hokkaido University

Chapter Chapter 5 in Managing Market Complexity, 2012, pp 53-64 from Springer

Abstract: Abstract We introduce a toy probabilistic model to analyze job-matching processes in recent Japanese labor markets for university graduates by means of statistical physics. We show that the aggregation probability of each company is rewritten by means of non-linear map under several conditions. Mathematical treatment of the map enables us to discuss the condition on which the rankings of arbitrary two companies are reversed during the dynamics. The so-called ’mismatch’ between students and companies is discussed from both empirical and theoretical viewpoints.

Keywords: Labor Market; Aggregation Probability; Freeze Line; Imperfect Labor Market; Gation Probability (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-642-31301-1_5

Ordering information: This item can be ordered from
http://www.springer.com/9783642313011

DOI: 10.1007/978-3-642-31301-1_5

Access Statistics for this chapter

More chapters in Lecture Notes in Economics and Mathematical Systems from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().