Labor Market Segmentation in Colombia using Stochastic Markov Chains
Jhon Mora Rodriguez ()
No 7083, Borradores de Economía y Finanzas from Universidad Icesi
Abstract:
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
Keywords: Labor market segmentation; Markov Chains; structural changes (search for similar items in EconPapers)
JEL-codes: J30 J42 (search for similar items in EconPapers)
Pages: 18
Date: 2010-06-09
New Economics Papers: this item is included in nep-geo
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Persistent link: https://EconPapers.repec.org/RePEc:col:000130:007083
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