employment, informal employment, unemployment, and nonparticipation. We compute the contribution of each transition rate to … fluctuations in unemployment and informality rates. We identify five stylized facts: (i) Nearly 40% of the fluctuations in the … unemployment rate involves unemployment ins and outs from/to informal jobs. (ii) More than 40% of the fluctuations in informality …

Argentina. Administrative data permits analysis of the duration of unemployment of covered spells with detailed information … of unemployment insurance and severance payments on the duration of unemployment and on the separation probability in … informal jobs, which are not observed in administrative data. It is found that unemployment duration increases significantly …