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  • Bosch, Mariano  (4)
  • Washington, D.C : The World Bank  (4)
  • Social Protections and Labor  (4)
  • 1
    Language: English
    Pages: Online-Ressource (1 online resource (53 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bosch, Mariano Cyclical Movements In Unemployment And Informality In Developing Countries
    Keywords: Adjustment process ; Formal labor market ; Job ; Jobs ; Labor ; Labor Markets ; Labor Policies ; Labor markets ; Social Protections and Labor ; Unemployment ; Unemployment rate ; Worker ; Workers ; Adjustment process ; Formal labor market ; Job ; Jobs ; Labor ; Labor Markets ; Labor Policies ; Labor markets ; Social Protections and Labor ; Unemployment ; Unemployment rate ; Worker ; Workers ; Adjustment process ; Formal labor market ; Job ; Jobs ; Labor ; Labor Markets ; Labor Policies ; Labor markets ; Social Protections and Labor ; Unemployment ; Unemployment rate ; Worker ; Workers
    Abstract: This paper analyzes the cyclical properties of worker flows in Brazil and Mexico, two important developing countries with large unregulated or "informal" sectors. It generates three stylized facts that are critical to the accurate modeling of the sector and which suggest the need to rethink the approaches to date. First, the unemployment rate is countercyclical essentially because job separations of informal workers increase dramatically in recessions. Second, the share of formal employment is countercyclical because of the difficulty of finding formal jobs from inactivity, unemployment and other informal jobs during recessions rather than because of increased separation from formal jobs. Third, flows from formality into informality are not countercyclical, but, if anything, pro-cyclical. Together, these challenge the conventional wisdom that has guided the modeling the sector that informal workers are primarily those rationed out of the formal labor market. They also offer a new synthesis of the mechanics of the cyclical adjustment process. Finally, the paper offers estimates of the moments of worker flows series that are needed for calibration
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  • 2
    Language: English
    Pages: Online-Ressource (1 online resource (50 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bosch, Mariano Comparative Analysis of Labor Market Dynamics Using Markov Processes
    Keywords: Informal Labor Market ; Informal Sector ; Job Turnover ; Labor Force ; Labor Market ; Labor Markets ; Labor Markets ; Labor Policies ; Social Protections and Labor ; Unemployed ; Unemployment ; Worker ; Younger Workers ; Informal Labor Market ; Informal Sector ; Job Turnover ; Labor Force ; Labor Market ; Labor Markets ; Labor Markets ; Labor Policies ; Social Protections and Labor ; Unemployed ; Unemployment ; Worker ; Younger Workers ; Informal Labor Market ; Informal Sector ; Job Turnover ; Labor Force ; Labor Market ; Labor Markets ; Labor Markets ; Labor Policies ; Social Protections and Labor ; Unemployed ; Unemployment ; Worker ; Younger Workers
    Abstract: This paper discusses a set of statistics for examining and comparing labor market dynamics based on the estimation of continuous time Markov transition processes. It then uses these to establish stylized facts about dynamic patterns of movement using panel data from Argentina, Brazil and Mexico. The estimates suggest broad commonalities among the three countries, and establish numerous common patterns of worker mobility among sectors of work and inactivity. As such, we offer some of the first comparative work on labor dynamics. The paper then particularly focuses on the role of the informal sector, both for its intrinsic interest, and as a case study illustrating the strengths and limits of the tools. The results suggest that a substantial part of the informal sector, particularly the self-employed, corresponds to voluntary entry although informal salaried work may correspond more closely to the standard queuing view, especially for younger workers
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  • 3
    Language: English
    Pages: Online-Ressource (1 online resource (58 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bosch, Mariano The Determinants of Rising Informality In Brazil
    Keywords: Business cycles ; Drivers ; Health, Nutrition and Population ; Informal sector ; Jobs ; Labor Markets ; Labor Policies ; Labor costs ; Labor force ; Labor legislation ; Labor market ; Labor markets ; Population Policies ; Social Protections and Labor ; Worker ; Business cycles ; Drivers ; Health, Nutrition and Population ; Informal sector ; Jobs ; Labor Markets ; Labor Policies ; Labor costs ; Labor force ; Labor legislation ; Labor market ; Labor markets ; Population Policies ; Social Protections and Labor ; Worker ; Business cycles ; Drivers ; Health, Nutrition and Population ; Informal sector ; Jobs ; Labor Markets ; Labor Policies ; Labor costs ; Labor force ; Labor legislation ; Labor market ; Labor markets ; Population Policies ; Social Protections and Labor ; Worker
    Abstract: This paper studies gross worker flows to explain the rising informality in Brazilian metropolitan labor markets from 1983 to 2002. This period covers two economic cycles, several stabilization plans, a far-reaching trade liberalization, and changes in labor legislation through the Constitutional reform of 1988. First, focusing on cyclical patterns, the authors confirm that for Brazil, the patterns of worker transitions between formality and informality correspond primarily to the job-to-job dynamics observed in the United States, and not to the traditional idea of the informal queuing for jobs in a segmented market. However, the analysis also confirms distinct cyclical patterns of job finding and separation rates that lead to the informal sector absorbing more labor during downturns. Second, focusing on secular movements in gross flows and the volatility of flows, the paper finds the rise in informality to be driven primarily by a reduction in job finding rates in the formal sector. A small fraction of this is driven by trade liberalization, and the remainder seems driven by rising labor costs and reduced flexibility arising from Constitutional reform
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  • 4
    Language: English
    Pages: Online-Ressource (1 online resource (43 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Bosch, Mariano Labor Market Dynamics In Developing Countries
    Keywords: Business Cycle ; Disguised Unemployment ; Employment Spell ; Estimated Parameters ; Informal Sector ; Job ; Job Creation ; Job Destruction ; Job Destruction Rate ; Labor ; Labor Force ; Labor Legislation ; Labor Market ; Labor Market Adjustment ; Labor Markets ; Labor Policies ; Social Protections and Labor ; Unemployed ; Unemployment ; Unemployment Spells ; Worker ; Workers ; Business Cycle ; Disguised Unemployment ; Employment Spell ; Estimated Parameters ; Informal Sector ; Job ; Job Creation ; Job Destruction ; Job Destruction Rate ; Labor ; Labor Force ; Labor Legislation ; Labor Market ; Labor Market Adjustment ; Labor Markets ; Labor Policies ; Social Protections and Labor ; Unemployed ; Unemployment ; Unemployment Spells ; Worker ; Workers ; Business Cycle ; Disguised Unemployment ; Employment Spell ; Estimated Parameters ; Informal Sector ; Job ; Job Creation ; Job Destruction ; Job Destruction Rate ; Labor ; Labor Force ; Labor Legislation ; Labor Market ; Labor Market Adjustment ; Labor Markets ; Labor Policies ; Social Protections and Labor ; Unemployed ; Unemployment ; Unemployment Spells ; Worker ; Workers
    Abstract: The authors study the dynamics of three developing country labor markets using recent advances in the estimation of continuous time Markov processes. They first examine the flows of workers among five states: three types of paid labor, unemployment, and out of the labor force. The authors find a high degree of commonality in patterns of worker flows among the three countries and attempt to compare the flexibility of the markets by examining an index of overall mobility. Second, they seek to establish whether the issues of advanced country labor markets apply to developing country markets or whether the latter constitute a different phylum. Paralleling the mainstream literature on the role of being out of the labor force as discouraged unemployment, the authors then identify some common stylized facts about the role of the informal self-employed and salaried sectors and to what degree they serve as a holding pattern versus a desirable alternative to formal sector work. In the process, the authors identify very strong differences in mobility patterns between men and women and attempt to shed some light on whether these differences arise from discrimination or perhaps instead the constraints imposed by household responsibilities. Finally, they study labor market adjustment across the business cycle in Mexico and identify patterns of job creation and destruction among the three paid sectors and confirm the mainstream view of the role of out of the labor force as a procyclical phenomenon
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