We use artificial cohort data for Santiago de Chile (1957 to 1996) to analyze labor market performance of specific cohort and age groups. We are particularly concerned with the relevance of this methodology to evaluate labor market performance indicators as compared to cross section analysis. This analysis allows us to evaluate questions such as the effect of being unemployed when young on the probability of being unemployed in the future. Also the analysis provides a long run perspective on the evolution of wages and unemployment. The results downplay the effects attached to the mid 1970 reforms on the Chilean labor markets.
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Article provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its journal Cuadernos de Economía.
Find related papers by JEL classification: J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
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Angus S. Deaton & Christina Paxson, 1994.
"Saving, Growth, and Aging in Taiwan,"
NBER Chapters,
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National Bureau of Economic Research, Inc.
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