Unemployment Dynamics With Informality: An Empirical Analysis for a Developing Country
分解了发展中国家经济周期中的失业,将就业状态分为正规和非正规部门,发现正规部门对离职和就业的贡献均衡,而非正规部门则不平衡,并验证了稳态分解方法的稳健性。
ABSTRACT We implement decompositions of cyclical unemployment for a developing country in which we divide the employment state into formal and informal states. Using the conventional steady‐state decomposition, the results show that the contributions of the formal sector to the margins of job separation and job finding are balanced, while the contributions of the informal sector to these two margins are quite uneven. Given the debate about the adequacy of methods that rely on the steady‐state unemployment as a good proxy for current unemployment in countries other than the United States, we use alternative decomposition methods and confirm the robustness of the steady‐state results.