IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i2p627-d1316948.html
   My bibliography  Save this article

Valuation of Active Chilean Employment Support Policies Seeking Economic Sustainability through Market Flows

Author

Listed:
  • Yamil Arturo Chandía-Rodríguez

    (School of Industrial Engineering, University of the Bío-Bío, Concepción 4030000, Chile)

  • Rodrigo Linfati

    (Department of Industrial Engineering, University of the Bío-Bío, Concepción 4030000, Chile)

  • Guillermo Murillo-Vargas

    (Department of Business and Organizations, Universidad del Valle, Cali 760001, Colombia)

  • John Willmer Escobar

    (Department of Accounting and Finance, Universidad del Valle, Cali 760001, Colombia)

Abstract

This paper proposes a market flow methodology to assess Chilean employment support policies between 1996 and 2019 based on the probability of finding or losing a job and market flow analysis. The proposed methodology is analyzed with data obtained from the National Institute of Statistics (INE), establishing flows and probabilities of entry and exit from employment and their contributions to the variability of unemployment to clarify the behavior of Chilean employment support and select the type of measures through which to provide improved recovery and job protection and the other possible improvements to be made. Employment is an essential issue of a country’s sustainability. The results show the efficiency of the proposed approach in evaluating employment support policies in different countries.

Suggested Citation

  • Yamil Arturo Chandía-Rodríguez & Rodrigo Linfati & Guillermo Murillo-Vargas & John Willmer Escobar, 2024. "Valuation of Active Chilean Employment Support Policies Seeking Economic Sustainability through Market Flows," Sustainability, MDPI, vol. 16(2), pages 1-20, January.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:2:p:627-:d:1316948
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/2/627/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/2/627/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fontaine, Idriss, 2021. "The Conditional Ins And Outs Of French Unemployment," Macroeconomic Dynamics, Cambridge University Press, vol. 25(7), pages 1810-1841, October.
    2. Barbara Petrongolo & Christopher A. Pissarides, 2008. "The Ins and Outs of European Unemployment," American Economic Review, American Economic Association, vol. 98(2), pages 256-262, May.
    3. Gonul Sengul, 2014. "Ins and Outs of Unemployment in Turkey," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 50(3), pages 28-44, May.
    4. Michael W. L. Elsby & Bart Hobijn & Ayşegül Şahin, 2013. "Unemployment Dynamics in the OECD," The Review of Economics and Statistics, MIT Press, vol. 95(2), pages 530-548, May.
    5. Lorenzo Ductor & Daryna Grechyna, 2020. "Determinants of ins and outs of unemployment," Applied Economics Letters, Taylor & Francis Journals, vol. 27(11), pages 892-898, June.
    6. Carrillo-Tudela, Carlos & Launov, Andrey & Robin, Jean-Marc, 2021. "The fall in german unemployment: A flow analysis," European Economic Review, Elsevier, vol. 132(C).
    7. Shigeru Fujita & Garey Ramey, 2009. "The Cyclicality Of Separation And Job Finding Rates," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(2), pages 415-430, May.
    8. Kluve, Jochen., 2016. "A review of the effectiveness of active labour market programmes with a focus on Latin America and the Caribbean," ILO Working Papers 994901193402676, International Labour Organization.
    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. Sengul, Gonul & Tasci, Murat, 2020. "Unemployment flows, participation, and the natural rate of unemployment: Evidence from turkey," Journal of Macroeconomics, Elsevier, vol. 64(C).
    2. Gonul Sengul & Murat Tasci, 2014. "Unemployment Flows, Participation and the Natural Rate for Turkey," Working Papers 1435, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    3. Elsby, Michael W.L. & Hobijn, Bart & Şahin, Ayşegül, 2015. "On the importance of the participation margin for labor market fluctuations," Journal of Monetary Economics, Elsevier, vol. 72(C), pages 64-82.
    4. Robert Dixon & G. C. Lim & Jan C. van Ours, 2015. "The effect of shocks to labour market flows on unemployment and participation rates," Applied Economics, Taylor & Francis Journals, vol. 47(24), pages 2523-2539, May.
    5. Y. Saks, 2016. "Socio-economic transitions on the labour market : a European benchmarking exercise," Economic Review, National Bank of Belgium, issue iii, pages 41-58, December.
    6. Portugal, Pedro & Rua, António, 2018. "Zooming the Ins and Outs of the U.S. Unemployment with a Wavelet Lens," IZA Discussion Papers 11559, Institute of Labor Economics (IZA).
    7. Sara Rica & Yolanda F. Rebollo-Sanz, 2017. "Gender Differentials in Unemployment Ins and Outs during the Great Recession in Spain," De Economist, Springer, vol. 165(1), pages 67-99, March.
    8. repec:zbw:rwirep:0499 is not listed on IDEAS
    9. Ngai, Liwa Rachel & Sheedy, Kevin, 2020. "The Ins and Outs of Selling Houses: Understanding Housing Market Volatility," CEPR Discussion Papers 14331, C.E.P.R. Discussion Papers.
    10. Gomes, Pedro, 2012. "Labour market flows: Facts from the United Kingdom," Labour Economics, Elsevier, vol. 19(2), pages 165-175.
    11. Melanie Ward-Warmedinger & Corrado Macchiarelli, 2014. "Transitions in labour market status in EU labour markets," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-25, December.
    12. Viviana Alejandra Alfonso C., 2015. "The cyclical behavior of separation and job finding rates in Colombia," Borradores de Economia 13885, Banco de la Republica.
    13. Hairault, Jean-Olivier & Zhutova, Anastasia, 2018. "The cyclicality of labor-market flows: A multiple-shock approach," European Economic Review, Elsevier, vol. 103(C), pages 150-172.
    14. Barnichon, Regis, 2012. "Vacancy posting, job separation and unemployment fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 36(3), pages 315-330.
    15. Jennifer C. Smith, 2011. "The Ins and Outs of UK Unemployment," Economic Journal, Royal Economic Society, vol. 121(552), pages 402-444, May.
    16. Maurizio Baussola & Chiara Mussida, 2014. "Transitions in the Labour Market: Discouragement Effect and Individual Characteristics," LABOUR, CEIS, vol. 28(2), pages 209-232, June.
    17. Lin, Ching-Yang & Miyamoto, Hiroaki, 2012. "Gross worker flows and unemployment dynamics in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 26(1), pages 44-61.
    18. Etienne Lalé & Linas Tarasonis, 2019. "The Life-cycle Profile of Worker Flows in Europe: an Empirical Investigation," Bank of Lithuania Discussion Paper Series 16, Bank of Lithuania.
    19. Macarena García & Alberto Naudon, 2012. "Dinámica Laboral en Chile," Working Papers Central Bank of Chile 659, Central Bank of Chile.
    20. Hairault, Jean-Olivier & Le Barbanchon, Thomas & Sopraseuth, Thepthida, 2015. "The cyclicality of the separation and job finding rates in France," European Economic Review, Elsevier, vol. 76(C), pages 60-84.
    21. Régis Barnichon & Andrew Figura, 2013. "Declining labor force attachment and downward trends in unemployment and participation," Economics Working Papers 1397, Department of Economics and Business, Universitat Pompeu Fabra.

    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:gam:jsusta:v:16:y:2024:i:2:p:627-:d:1316948. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.