Ramírez, José Carlos; Kadelbach, Vivian; Mata, Leovardo - In: Latin American economic review : LAER ; official … 30 (2021), pp. 1-20
This paper aims to model the dynamics of social deprivation in Mexico using a Markovian approach. First, we establish a scenario where a list of items characterizing social deprivation evolves as a first-order Markov chain under the sample period (2002-2012). Then, we estimate latent states and...