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Theorical and empirical implications of the new definition of unemployment in colombia

  • Juan Carlos Guataquí

    ()

  • TABORDA, Rodrigo

In June 2000 Colombia adopted a new definition of unemployment following the standars of the International Labour Organisation (ILO). This change implied a reduction of the unemployment rate of about two (percentage) points. In this paper we contrast the Colombian case with other countries´experiences in terms of the methodological transformation and its empirical implications. Afterwards, we test the empirical support of the change of methodology. Our results suggest specific implications on structural unemployment and its relationship to unemployment people´s educational profile; therefore, they challenge the practical application of the ILO´s standard unemployment definition to the Colombian case.

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File URL: http://www.urosario.edu.co/FASE1/economia/documentos/v9n1guataqui_taborda.pdf
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Article provided by UNIVERSIDAD DEL ROSARIO in its journal REVISTA DE ECONOMÍA DEL ROSARIO.

Volume (Year): (2006)
Issue (Month): ()
Pages:

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Handle: RePEc:col:000151:003640
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  1. Garrido, Luis & Toharia, Luis, 2004. "What does it take to be (counted as) unemployed? The case of Spain," Labour Economics, Elsevier, vol. 11(4), pages 507-523, August.
  2. Andrea Brandolini & Piero Cipollone & Eliana Viviano, 2004. "Does the ILO Definition Capture All Unemployment?," Temi di discussione (Economic working papers) 529, Bank of Italy, Economic Research and International Relations Area.
  3. Strobl, Eric & Byrne, David, 2002. "Defining Unemployment in Developing Countries: Evidence from Trinidad and Tobago," IZA Discussion Papers 659, Institute for the Study of Labor (IZA).
  4. Stephen R. G. Jones & W. Craig Riddell, 1999. "The Measurement of Unemployment: An Empirical Approach," Econometrica, Econometric Society, vol. 67(1), pages 147-162, January.
  5. Christopher J. Flinn & James J. Heckman, 1982. "Are Unemployment and Out of the Labor Force Behaviorally Distinct Labor Force States?," NBER Working Papers 0979, National Bureau of Economic Research, Inc.
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