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Choques, instituciones laborales y desempleo en Colombia

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  • Juan José Echavarría

    ()

  • Enrique López

    ()

  • Sergio Ocampo

    ()

  • Norberto Rodríguez

    ()

Abstract

Este trabajo utiliza la metodología VAR-X estructural para explicar por qué creció el desempleo en Colombia desde niveles cercanos a 7% en 1995:1 hasta 19% en 2000:1, y por qué permaneció en niveles de dos dígitos durante la década siguiente. Se trató de una combinación desafortunada de choques y de instituciones laborales mal diseñadas para enfrentarlos. La participación laboral se incrementó fuertemente desde comienzos de los 1990s por motivos demográficos y como respuesta a la crisis de 1998-2000; la demanda cayó abruptamente en esos mismos años, debido a la parada súbita de flujos de capital y a una política fiscal y monetaria pro-cíclica; y la dinámica de la productividad ha sido excesivamente lenta, principalmente en los 2000s. Los costos no salariales y el salario mínimo real también han jugado un papel importante en la explicación del nivel y de la persistencia del desempleo.

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Paper provided by Banco de la Republica de Colombia in its series Borradores de Economia with number 682.

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Length: 31
Date of creation: Nov 2011
Date of revision:
Handle: RePEc:bdr:borrec:682

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Keywords: VAR-X; desempleo; salario mínimo; costos no salariales; histéresis. Classification JEL: C32; E24; J3.;

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Cited by:
  1. Juan José Echavarría & Andrés gonzález & Enrique López & Norberto Rodríguez, 2012. "Choques internacionales reales y financieros y su impacto sobre la economía colombiana," BORRADORES DE ECONOMIA 009884, BANCO DE LA REPÚBLICA.
  2. Andrés González & Sergio Ocampo & Diego Rodríguez & Norberto Rodríguez, 2011. "Asimetrías del empleo y el producto, una aproximación de equilibrio general," BORRADORES DE ECONOMIA 008890, BANCO DE LA REPÚBLICA.

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