Determinants of structural unemployment in Colombia : A search approach

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Borradores de Economía; No. 969
Date published
2016-11-08
Date of last update
2016-11-08
Author
Arango-Thomas, Luis Eduardo
Flórez, Luz Adriana
Document language
spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
Abstract
This paper is aimed to identify the main determinants of the structural unemployment rate (SUR) in Colombia. To this end, we initially look up theoretical determinants of structural unemployment as defined by a basic search and matching model. Then, we es
JEL Codes
E24 - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor ProductivityJ3 - Wages, Compensation, and Labor CostsJ4 - Particular Labor Markets
Keywords
Search model ; Structural unemployment rate ; Vacancy rate ; Hiring cost indicator ;
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/6280
https://hdl.handle.net/20.500.12134/6280
https://doi.org/10.32468/be.969
https://ideas.repec.org/p/bdr/borrec/969.html
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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit