Labor Market Segmentation in Colombia Using Markov Chains

18 Pages Posted: 27 May 2010 Last revised: 9 Jun 2010

See all articles by Jhon James Mora

Jhon James Mora

Universidad ICESI - Economics & Management

Date Written: December 26, 2009

Abstract

This article discusses regional labor segmentation using stochastic Markov chains. We present a formal model and derive preliminary results using the evolution of wages in Colombian urban areas. The results show that there was regional labor market segmentation in wages for university graduates during the period from 1993 to 2000, and corroborate the existence of structural changes in wages during the nineteen nineties.

Keywords: Labor Market Segmentation, Markov Chains, Structural Changes

JEL Classification: C11, C14, J30, J42

Suggested Citation

Mora Rodriguez, Jhon James, Labor Market Segmentation in Colombia Using Markov Chains (December 26, 2009). Universidad Icesi Department of Economics Research Paper No. 21. Available at SSRN: https://ssrn.com/abstract=1616361 or http://dx.doi.org/10.2139/ssrn.1616361

Jhon James Mora Rodriguez (Contact Author)

Universidad ICESI - Economics & Management ( email )

Cali
Colombia

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