A Dynamic Analysis Of Segmented Labor Market
Using the Panel Study of Income Dynamics data on the period 1982-1992, this paper investigates some mechanisms of the labor market in the United States. This market is analyzed as a stable structure constituted of segments which present contrasted characteristics under the usual distinction between primary and secondary sectors. Using a neural network algorithm applied on quantitative variables measured at the level of heads of household, a broad classification in four classes of situations is constructed. It shows a clear hierarchy going from situations of very precarious work or no work at all, to situations of stable jobs with higher wages than the average. A Markov chain, constructed with the trajectories between the different situations of these workers, shows a very stable structure of this segmented labor market. Keywords: segmented labor market, unemployment, trajectories, Kohonen algorithm, Markov chain.
|Date of creation:||1999|
|Publication status:||Published in Fuzzy Economic Review, 1999, Vol IV, n° 2, pp.63-82|
|Note:||View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00134147|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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