000			01814nam a2200265 a 4500
001			rea00033359
005			20190704021611.0
008			s2006 wau e 001 0 eng d
035			_z60156
039			_a33354 _cTLC
100	1		_aBosch, Mariano.
245	1	0	_aGross worker flows in the presence of informal labor markets : _bthe Mexican experience 1987-2002 / _cMariano Bosch, William Maloney.
260			_aWashington, D. C : _bWorld Bank, _c2006.
300			_a51p ; _c28 cm.
440		0	_aPolicy research working papers ; _vno. 3883
500			_a" Also available online.
500			_a" This paper applies recent advances in the study of labor market dynamics to a representative developing Country with a large informal or unregulated sector, Mexico. It studies quarterly gross flows for workers over a 15-year period that includes two recoveries and recessions, including the celebrated 1995 Tequila crisis. It finds, first, that the formal or modern salaried sector shows the same procyclical job finding rate and mildly countercyclinical separation behavior identified in the recent U. S. literature, and relative wage rigidity, both consistent with Shimer (2005a) and Hall (2005). The unregulated informal sector,however, shows reasonable acyclicality in the job finding rate coupled with sharp countercyclical movements in the job separation rate, consistent with standard small firm dynamics and Davis and Haltiwanger (1992 and 1999). This interaction of regulatory covera
504			_aIncludes bibliographical references.
506			_aOpen access.
650		0	_aLabor market _xMexico.
650		0	_aInformal sector (Economics) _xMexico.
949			_aBSPC _bSPC _cHG3885.5 _d.W57 no.3883 _g60156 _5N
961			_t1
999			_c25511 _d25511