This paper analyzes the cyclical properties of worker flows in Brazil and Mexico, two important developing countries with large unregulated or informalʺ sectors. It generates three stylized facts that are critical to the accurate modeling of the sector and which suggest the need to rethink the...

This paper discusses a set of statistics for examining and comparing labor market dynamics based on the estimation of continuous time Markov transition processes. It then uses these to establish stylized facts about dynamic patterns of movement using panel data from Argentina, Brazil and Mexico....

This paper applies recent advances in the study of labor market dynamics to a representative developing country with a large unregulated of "informal" sector. It confirms the relevance of the recent mainstream models and debates surrounding gross worker flows to the developing country context,...