IDEAS home Printed from https://ideas.repec.org/p/col/000444/012417.html
   My bibliography  Save this paper

Duration Models to Evaluate First Employment Law’s Impact in Colombia

Author

Listed:
  • Wilmer Javier Ríos Pinerez
  • Carlos Andrés Yanes Guerra

Abstract

The aim of this paper is to select a duration model to assess whether the unemployment duration for Colombian people under 26 years old has decay since the application of a law that incentives hiring first time or without legal contract employees. Parametrical and non-parametrical models of duration are compared to investigate empirically the sensitivity of unemployment duration regression estimates to distributional assumptions. It is found that parametric results are sensitive to the choice of the distribution used to model unobservable component. Less duration of unemployment is explained by another variables different from the application of the first employment law.

Suggested Citation

  • Wilmer Javier Ríos Pinerez & Carlos Andrés Yanes Guerra, 2014. "Duration Models to Evaluate First Employment Law’s Impact in Colombia," Documentos de Trabajo 12417, Universidad Católica de Colombia.
    • Handle: RePEc:col:000444:012417
    as

    Download full text from publisher

    File URL: http://portalweb.ucatolica.edu.co/easyWeb2/files/4_14483_dt030.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rafael Lalive & Jan Van Ours & Josef Zweimuller, 2006. "How Changes in Financial Incentives Affect the Duration of Unemployment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(4), pages 1009-1038.
    2. Addison, John T & Portugal, Pedro, 1987. "On the Distributional Shape of Unemployment Duration," The Review of Economics and Statistics, MIT Press, vol. 69(3), pages 521-526, August.
    3. Olivier Jean Blanchard & Peter Diamond, 1994. "Ranking, Unemployment Duration, and Wages," Review of Economic Studies, Oxford University Press, vol. 61(3), pages 417-434.
    4. Jaime Tenjo Galarza & Martha Misas Arango & Alfredo Contreras Eitner & Alejandro Gaviria Jaramillo, 2012. "Modelos de duración del desempleo en Colombia," Vniversitas Económica 10006, Universidad Javeriana - Bogotá.
    5. Bergstrom, R & Edin, P-A, 1992. "Time Aggregation and the Distributional Shape of Unemployment Duration," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 7(1), pages 5-30, Jan.-Marc.
    6. Ben-Horim, Moshe & Zuckerman, Dror, 1987. "The Effect of Unemployment Insurance on Unemployment Duration," Journal of Labor Economics, University of Chicago Press, vol. 5(3), pages 386-390, July.
    7. Lancaster, Tony, 1979. "Econometric Methods for the Duration of Unemployment," Econometrica, Econometric Society, vol. 47(4), pages 939-956, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. T. Addison, John & Portugal, Pedro, 1998. "Some specification issues in unemployment duration analysis," Labour Economics, Elsevier, vol. 5(1), pages 53-66, March.
    2. Luis Eduardo Arango & Ana María Ríos, 2015. "Duración del desempleo en Colombia: género, intensidad de búsqueda y anuncios de vacantes," Borradores de Economia 12528, Banco de la Republica.
    3. Luis Eduardo Arango & Ana María Ríos, 2015. "Duración del desempleo en Colombia: género, intensidad de búsqueda y anuncios de vacantes," BORRADORES DE ECONOMIA 012528, BANCO DE LA REPÚBLICA.
    4. Bonev, Petyo, 2020. "Nonparametric identification in nonseparable duration models with unobserved heterogeneity," Economics Working Paper Series 2005, University of St. Gallen, School of Economics and Political Science.
    5. Pieter Serneels, 2004. "The Nature of Unemployment in Urban Ethiopia," CSAE Working Paper Series 2004-01, Centre for the Study of African Economies, University of Oxford.
    6. Chantal Cases, 1996. "Assurance-chômage et offre de travail," Économie et Statistique, Programme National Persée, vol. 291(1), pages 139-150.
    7. Kalwij, Adriaan, 2001. "Individuals' Unemployment Durations over the Business Cycle," IZA Discussion Papers 369, Institute of Labor Economics (IZA).
    8. Dario Sciulli & Antonio Menezes & José Vieira, 2012. "Unemployment Duration and Disability: Evidence from Portugal," Journal of Labor Research, Springer, vol. 33(1), pages 21-48, March.
    9. Juliana MESÉN VARGAS & Bruno VAN DER LINDEN, 2017. "Is there always a trade-off between insurance and incentives? The case of unemployment with subsistence constraints," LIDAM Discussion Papers IRES 2017014, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    10. Dickerson, Andrew P. & Gibson, Heather D. & Tsakalotos, Euclid, 2002. "Takeover risk and the market for corporate control: the experience of British firms in the 1970s and 1980s," International Journal of Industrial Organization, Elsevier, vol. 20(8), pages 1167-1195, October.
    11. Berg, G.J. & Ours, J.C., 1994. "Eyeball tests for state dependence and unobserved heterogeneity in aggregate unemployment duration data," Serie Research Memoranda 0009, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    12. Pollmann-Schult, Matthias & Büchel, Felix, 2002. "Ausbildungsinadäquate Erwerbstätigkeit: eine berufliche Sackgasse? : eine Analyse für jüngere Nicht-Akademiker in Westdeutschland (Employment below the level of qualification - an occupational impasse," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 35(3), pages 371-384.
    13. Trine Filges & Lars Pico Geerdsen & Anne‐Sofie Due Knudsen & Anne‐Marie Klint Jørgensen & Krystyna Kowalski, 2011. "PROTOCOL: The effect of benefit exhaustion on unemployment," Campbell Systematic Reviews, John Wiley & Sons, vol. 7(1), pages 1-38.
    14. Emmanuel Duguet & Florent Frémigacci & Yannick L’Horty, 2008. "Indemnisation du chômage et retour à l’emploi : un examen économétrique," Documents de recherche 08-07, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
    15. Ochsen, Carsten, 2008. "How the distribution of unemployment by duration affects the unemployment rate," Thuenen-Series of Applied Economic Theory 88, University of Rostock, Institute of Economics.
    16. Zuchuat, Jeremy & Lalive, Rafael & Osikominu, Aderonke & Pesaresi, Lorenzo & Zweimüller, Josef, 2023. "Duration Dependence in Finding a Job: Applications, Interviews, and Job Offers," IZA Discussion Papers 16602, Institute of Labor Economics (IZA).
    17. Fernández-Blanco, Javier & Preugschat, Edgar, 2018. "On the effects of ranking by unemployment duration," European Economic Review, Elsevier, vol. 104(C), pages 92-110.
    18. Kupets, Olga, 2006. "Determinants of unemployment duration in Ukraine," Journal of Comparative Economics, Elsevier, vol. 34(2), pages 228-247, June.
    19. Hofstede, Frenkel ter & Wedel, Michel, 1996. "A Monte Carlo study into time-aggregation in continuous and discrete-time hazard models," Research Report 96B24, University of Groningen, Research Institute SOM (Systems, Organisations and Management).

    More about this item

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000444:012417. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Universidad Católica de Colombia (email available below). General contact details of provider: https://edirc.repec.org/data/feuccco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.