Advanced Search
MyIDEAS: Login to save this article or follow this journal

Labour Market Dynamics in Greek Regions: a Bayesian Markov Chain Approach Using Proportions Data

Contents:

Author Info

  • George A. Christodoulakis

    (Manchester Business School, University of Manchester)

  • Emmanuel C. Mamatzakis

    (University of Piraeus)

Abstract

This paper focuses on Greek labour market dynamics at a regional base, which comprises of 16 provinces, as defined by NUTS levels 1 and 2 (Eurostat, 2008), using Markov Chains for proportions data for the first time in the literature. We apply a Bayesian approach, which employs a Monte Carlo Integration procedure that uncovers the entire empirical posterior distribution of transition probabilities from full employment to part employment, unemployment and economically unregistered unemployment and vice a versa. Our results show that there are disparities in the transition probabilities across regions, implying that the convergence of the Greek labour market at a regional base is far from being considered as completed. However, some common patterns are observed as regions in the south of the country exhibit similar transition probabilities between different states of the labour market

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.rofea.org/index.php?journal=journal&page=article&op=download&path%5B%5D=23&path%5B%5D=12
Download Restriction: no

Bibliographic Info

Article provided by Rimini Centre for Economic Analysis in its journal Review of Economic Analysis.

Volume (Year): 2 (2010)
Issue (Month): 1 (January)
Pages: 32-45

as in new window
Handle: RePEc:ren:journl:v:2:y:2010:i:1:p:32-45

Contact details of provider:
Web page: http://www.rcfea.org/

Related research

Keywords: Greek Regions; Employment; Unemployment; Markov Chains;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. van Dijk, H. K. & Kloek, T., 1980. "Further experience in Bayesian analysis using Monte Carlo integration," Journal of Econometrics, Elsevier, vol. 14(3), pages 307-328, December.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Julia Jauer & Thomas Liebig & John P. Martin & Patrick A. Puhani, 2014. "Migration as an adjustment mechanism in the crisis? A comparison of Europe and the United States," CReAM Discussion Paper Series 1410, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ren:journl:v:2:y:2010:i:1:p:32-45. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (J. Fernando Reyes).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.