Duration and Risk of Unemployment in Argentina
AbstractAfter a decade of structural reforms, unemployment rates have tripled in Argentina. This paper is concerned with the measurement of unemployment risk and its distribution. We show the importance of considering re-incidence in the measurement of unemployment risk and develop a methodolgy to do that. Our estimates for Argentina show that, though the typical unemployment spell is short, once re-incidence is taken into account, unemployment risk is high, has risen substantially in the last decade and is shared very unequally in the labor force. This counters the established view that unemployment is a small risk, short-duration phenomenon, which arises when re-incidence is not considered.
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Bibliographic InfoPaper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number 476.
Length: 25 pages
Date of creation: 05 Oct 2001
Date of revision:
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Developing labor markets; hazard functions; unemployment duration; unemployment risk;
Other versions of this item:
- Sebastian Galiani & Hugo A. Hopenhayn, 2001. "Duration and Risk of Unemployment in Argentina," Working Papers 40, Universidad de San Andres, Departamento de Economia, revised Dec 2001.
- Sebasti�n Galiani and Hugo A. Hopenhayn., 2000. "Duration and Risk of Unemployment in Argentina," Center for International and Development Economics Research (CIDER) Working Papers C00-117, University of California at Berkeley.
- Sebasti=E1n Galiani & Hugo A. Hopenhayn, 2001. "Duration and Risk of Unemployment in Argentina," Labor and Demography 0012002, EconWPA.
- J0 - Labor and Demographic Economics - - General
- J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-09-28 (All new papers)
- NEP-LAB-2002-09-28 (Labour Economics)
- NEP-LAM-2002-09-21 (Central & South America)
- NEP-LTV-2002-09-21 (Unemployment, Inequality & Poverty)
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