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Employment dynamics in the Romanian labor market. A Markov chain Monte Carlo approach

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  • Voicu, Alexandru

Abstract

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.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Comparative Economics.

Volume (Year): 33 (2005)
Issue (Month): 3 (September)
Pages: 604-639

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Handle: RePEc:eee:jcecon:v:33:y:2005:i:3:p:604-639

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Web page: http://www.elsevier.com/locate/inca/622864

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  1. Svejnar, Jan, 1999. "Labor markets in the transitional Central and East European economies," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 42, pages 2809-2857 Elsevier.
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  4. Boeri, Tito & Flinn, Christopher J., 1999. "Returns to Mobility in the Transition to a Market Economy," Journal of Comparative Economics, Elsevier, vol. 27(1), pages 4-32, March.
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  6. Bilsen, Valentijn & Konings, Jozef, 1998. "Job Creation, Job Destruction, and Growth of Newly Established, Privatized, and State-Owned Enterprises in Transition Economies: Survey Evidence from Bulgaria, Hungary, and Romania," Journal of Comparative Economics, Elsevier, vol. 26(3), pages 429-445, September.
  7. John Micklewright & Gyula Nagy, 1997. "The Implications of Exhausting Unemployment Insurance Entitlement in Hungary," Innocenti Occasional Papers, Economic Policy Series iopeps97/8, UNICEF Innocenti Research Centre.
  8. Sorm, Vit & Terrell, Katherine, 2000. "Sectoral Restructuring and Labor Mobility: A Comparative Look at the Czech Republic," IZA Discussion Papers 111, Institute for the Study of Labor (IZA).
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  14. L Bellmann & S Estrin & H Lehmann & Jonathan Wadsworth, 1992. "The Eastern German Labour Market in Transition: Gross Flow Estimates from Panel Data," CEP Discussion Papers dp0102, Centre for Economic Performance, LSE.
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Cited by:
  1. Saleh Alkafri, 2011. "Transition from High Education to the Labour Market: Unemployment within Graduates from the Gender Prospective In the Palestinian Territory," Working Papers 30, AlmaLaurea Inter-University Consortium.
  2. Lenuta Carp, 2012. "The Impact of FDI on the labor market in Central and Eastern Europe during the international crisis," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 3(1), pages 43-54, July.
  3. J. William Ambrosini & Karin Mayr & Giovanni Peri & Dragos Radu, 2011. "The Selection of Migrants and Returnees: Evidence from Romania and Implications," NBER Working Papers 16912, National Bureau of Economic Research, Inc.
  4. Garrouste, Christelle & Loi, Massimo, 2011. "School-to-work transitions in Europe: Paths towards a permanent contract," MPRA Paper 37167, University Library of Munich, Germany.
  5. John Earle, 2012. "Industrial decline and labor reallocation in a transforming economy: Romania in early transition," IZA Journal of Labor & Development, Springer, vol. 1(1), pages 1-18, December.
  6. William Ambrosini & Karin Mayr & Giovanni Peri & Dragos Radu, 2012. "The Selection of Migrants and Returnees in Romania: Evidence and long-run implications," Working Papers 1216, University of California, Davis, Department of Economics.
  7. Ofer Malamud & Cristian Pop-Eleches, 2008. "General Education vs. Vocational Training: Evidence from an Economy in Transition," Working Papers 0807, Harris School of Public Policy Studies, University of Chicago.
  8. Kenneth Smith, 2011. "Labor force participation in the Soviet and post-Soviet Baltic States," Economic Change and Restructuring, Springer, vol. 44(4), pages 335-355, November.
  9. Dostie, Benoit & Sahn, David E., 2006. "Labor Market Dynamics in Romania During a Period of Economic Liberalization," IZA Discussion Papers 2511, Institute for the Study of Labor (IZA).
  10. Carolina Fugazza, 2012. "Employment Risk over the Life Cycle," Carlo Alberto Notebooks 280, Collegio Carlo Alberto.
  11. repec:hal:wpaper:hal-00308629 is not listed on IDEAS
  12. Farré, Lídia, 2013. "New Evidence on the Healthy Immigrant Effect," IZA Discussion Papers 7840, Institute for the Study of Labor (IZA).

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