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El ciclo económico y el mercado de trabajo en Colombia: 1984-2014

Author

Listed:
  • Luis Eduardo Arango
  • Freddy Felipe Parra-Escobar
  • Álvaro José Pinzón-Giraldo

Abstract

Presentamos la evolución de ocho variables del mercado laboral a lo largo del ciclo económico para distintas ciudades y grupos demográficos. Las fechas utilizadas para identificar las fases de recesión fueron tomadas de Alfonso et al. (2013) y de Jaulín (2013). La evidencia sugiere que la participación laboral tiende a ser acíclica, mientras que la tasa de ocupación es procíclica. Sin ambiguedades, en las recesiones el desempleo aumenta. Los cesantes aumentan en momentos de crisis; es decir, los despidos y la reinserción al mercado parecen ser los eventos más regulares durante los períodos de contracción económica. El salario medio por hora junto con las horas normalmente trabajadas son procíclicas en el período posterior a 2008.******The behavior of the labor market over the business cycle, for different cities and demographic groups, is described by means of eight variables. The chronology used to undertake the endeavor is borrowed from Alfonso et al. (2013) and Jaulín (2013). The evidence suggests that labor participation tends to be acyclical while the occupation employment rate is procyclical. Unambiguously, unemployment rises during recessions. The dismissed and reinserted workers increases in bad times. The hourly real wages as well as hours are procyclical after 2008.

Suggested Citation

  • Luis Eduardo Arango & Freddy Felipe Parra-Escobar & Álvaro José Pinzón-Giraldo, 2016. "El ciclo económico y el mercado de trabajo en Colombia: 1984-2014," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 34(81), pages 206-228, November.
    • Handle: RePEc:col:000107:015223
    DOI: 10.1016/j.espe.2016.08.002
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    References listed on IDEAS

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    1. Luis Eduardo Arango & Fernando Arias & Luz Adriana Flórez & Munir Jalil, 2008. "Cronología de los ciclos de negocios recientes en Colombia," Revista Lecturas de Economía, Universidad de Antioquia, CIE, June.
    2. Andrés Álvarez & Marc Hofstetter, 2014. "Job vacancies in Colombia: 1976–2012," IZA Journal of Labor & Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-11, December.
    3. Harding, Don & Pagan, Adrian, 2002. "Dissecting the cycle: a methodological investigation," Journal of Monetary Economics, Elsevier, vol. 49(2), pages 365-381, March.
    4. López Castaño, Hugo & Lasso Valderrama,Francisco, 2015. "Flujos de trabajadores en el mercado laboral colombiano, determinantes de las diferencias entre hombres y mujeres, y futuro laboral esperado," IDB Publications (Working Papers) 6877, Inter-American Development Bank.
    5. Camilo Mondragón-Vélez & Ximena Peña & Daniel Wills, 2010. "Labor Market Rigidities and Informality in Colombia," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Fall 2010), pages 65-101, August.
    6. Alfonso, Viviana & Arango, Luis Eduardo & Arias, Fernando & Cangrejo, Guillermo & Pulido, José David, 2012. "Ciclos de negocios en Colombia, 1975-2011," Revista Lecturas de Economía, Universidad de Antioquia, CIE, issue 78, pages 115-149, May.
    7. Gerhard Bry & Charlotte Boschan, 1971. "Cyclical Analysis of Time Series: Selected Procedures and Computer Programs," NBER Books, National Bureau of Economic Research, Inc, number bry_71-1, June.
    8. Gerhard Bry & Charlotte Boschan, 1971. "Foreword to "Cyclical Analysis of Time Series: Selected Procedures and Computer Programs"," NBER Chapters, in: Cyclical Analysis of Time Series: Selected Procedures and Computer Programs, pages -1, National Bureau of Economic Research, Inc.
    9. Viviana Alejandra Alfonso C., 2015. "The cyclical behavior of separation and job finding rates in Colombia," Borradores de Economia 13885, Banco de la Republica.
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    Cited by:

    1. Luis E. Arango & Luz A. Flórez & María A. Olarte-Delgado, 2019. "Precio del carbón y dinámica laboral en Valledupar," Revista de Economía del Rosario, Universidad del Rosario, vol. 22(2), pages 313-370, December.
    2. Francisco Lasso-Valderrama & Laura Rodríguez-Quintero, 2018. "Ciclo y composición del cambio en los salarios: una aproximación a la estructura salarial de Colombia," Borradores de Economia 1057, Banco de la Republica de Colombia.
    3. Luis E. Arango & Luz A. Flórez, 2017. "Informalidad laboral y elementos para un salario mínimo diferencial por regiones en Colombia," Borradores de Economia 1023, Banco de la Republica de Colombia.

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    More about this item

    Keywords

    Ciclos económicos; Tasa de participación; Tasa de ocupación; Tasa de desempleo; Salarios.;
    All these keywords.

    JEL classification:

    • J0 - Labor and Demographic Economics - - General
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles

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