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Table 21 Transitions with the policy experiments

From: Pension schemes and labor supply in the formal and informal sector

  Transitions
  Benchmark 1st policy 2nd policy 3rd policy 4th policy
Informal–formal 0.476 0.485 0.484 0.465 0.474
Informal–unemployed 0.123 0.113 0.100 0.138 0.122
Informal–informal 0.401 0.402 0.416 0.397 0.404
Formal–formal 0.835 0.795 0.85 0.825 0.853
Formal–unemployed 0.027 0.036 0.014 0.033 0.019
Formal–informal 0.139 0.166 0.136 0.142 0.129
Unemployed–formal 0.259 0.347 0.224 0.349 0.234
Unemployed–unemployed 0.323 0.218 0.223 0.292 0.292
Unemployed–informal 0.418 0.435 0.553 0.359 0.475