This paper applies recent advances in the study of labor market dynamics to a representative developing country with a large informal or unregulated sector, Mexico. It studies quarterly gross flows of workers over a 15-year period that includes two recoveries and recessions, including the celebrated 1995 Tequila crisis. It finds, first, that the formal or modern salaried sector shows the same procyclical job finding rate and mildly countercyclical...
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详细
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2006/04/01
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政策研究报告
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WPS3883
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1
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1
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2010/07/01
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Disclosed
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Gross worker flows in the presence of informal labor markets : the Mexican experience 1987-2002
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informal sector