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Una aproximación empírica a la relación entre el desempleo y las vacantes para Popayán, 2001-2005

Author

Listed:
  • Julián Durán Peralta

    () (Departamento de Economía. Universidad Icesi)

  • Jhon James Mora Rodríguez

    () (Departamento de Economía. Universidad Icesi)

Abstract

This article presents empirical evidence about the relationship between job openings and unemployment through a Beveridge Curve for the city of Popayán between 2001 and 2005, following a panel data model by work areas. The results of the model show that the elasticity of unemployment with respect to job openings is statistically significant and positive. This result can be due to the existence of asymmetric shocks in the different sectors of Popayán’s economy that would be reflected in the dynamics of the work areas. Thus, a recomposition of the economic activities of Popayán’s economy would be taking place during the time period under study.

Suggested Citation

  • Julián Durán Peralta & Jhon James Mora Rodríguez, 2006. "Una aproximación empírica a la relación entre el desempleo y las vacantes para Popayán, 2001-2005," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 65, pages 209-220, Julio-Dic.
  • Handle: RePEc:lde:journl:y:2006:i:65:p:209-220
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    Keywords

    panel data; unemployment; job openings; Beveridge Curve;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J4 - Labor and Demographic Economics - - Particular Labor Markets

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