BEFFY, Magali; COUDIN, Elise; RATHELOT, Roland - In: Annales d'Economie et de Statistique (2014) 115-116
How many workers are confined indefinitely in a labor cycle, moving back and forth from temporary jobs to nonemployment periods without the potential to secure a steady job? To answer this question, we develop a mixture of four Markov chains, each of them modeling a specific type of labor market...