Table 3 Probabilities of being in each sector, based on the multinomial model 1995–2008 (men only)
From: Pension schemes and labor supply in the formal and informal sector
Probability of being in each sector | |||
Unemployed | Formal | Informal | |
Unemployed (−1) | 0.3797 | 0.2270 | 0.3934 |
Formal (−1) | 0.0282 | 0.8916 | 0.0802 |
Informal (−1) | 0.1123 | 0.2140 | 0.6737 |
Probability of being unemployed by education and sector in previous period | |||
Education | Unemployed (−1) | Formal (−1) | Informal (−1) |
Low education | 0.3947 | 0.0417 | 0.1121 |
Medium education | 0.3697 | 0.0266 | 0.1118 |
High education | 0.3429 | 0.0141 | 0.1154 |
Probability of being formal by education and sector in previous period | |||
Education | Unemployed (−1) | Formal (−1) | Informal (−1) |
Low education | 0.1758 | 0.8362 | 0.1704 |
Medium education | 0.2531 | 0.8984 | 0.2528 |
High education | 0.3834 | 0.9492 | 0.3920 |
Probability of being informal by education and sector in previous period | |||
Education | Unemployed (−1) | Formal (−1) | Informal (−1) |
Low education | 0.4295 | 0.1221 | 0.7175 |
Medium education | 0.3771 | 0.0751 | 0.6354 |
High education | 0.2737 | 0.0367 | 0.4926 |