50 Years of Job Vacancies in Colombia: The Case of Bogota, 1960-2010
This paper presents a novel monthly dataset of job vacancies in Bogota between 1960 and 2010. The dataset was constructed by counting the number of help-wanted announcements published in the most important newspaper with national circulation—namely, El Tiempo. We describe the methodology used to construct the database, discuss some possible problems associated with it, and propose ways to solve them. The paper also presents an estimation of the job vacancy rate. We depict a Beveridge curve and use the vacancy rate to forecast unemployment. This first look at the series yields sensible results, while leaving a myriad of open questions for future research.
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| Length: | 31 |
| Date of creation: | Jul 2012 |
| Date of revision: | |
| Handle: | RePEc:bdr:borrec:719 |
| Contact details of provider: | Postal: Phone: (57-1) 3431111 Fax: (57-1) 2841686 Web page: http://www.banrep.org/publicaciones/pub_borra.htm Email: More information through EDIRC
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References listed on IDEAS
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- Stephen Nickell & Luca Nunziata & Wolfgang Ochel & Glenda Quintini, 2001.
"The Beveridge curve, unemployment and wages in the OECD from the 1960s to the 1990s - preliminary version,"
LSE Research Online Documents on Economics
20113, London School of Economics and Political Science, LSE Library.
- Stephen Nickell & Luca Nunziata & Wolfgang Ochel & Glenda Quintini, 2001. "The Beveridge Curve, Unemployment and Wages in the OECD from the 1960s to the 1990s - Preliminary Version," CEP Discussion Papers dp0502, Centre for Economic Performance, LSE.
- Barnichon, Regis, 2010. "Building a composite Help-Wanted Index," Economics Letters, Elsevier, vol. 109(3), pages 175-178, December.
- Arango Luis Eduardo & Andrés Felipe Garcia & Carlos Esteban Posada, 2008.
"La metodología de la Encuesta Continua de Hogares y el empalme de las series del mercado laboral urbano de Colombia,"
REVISTA DESARROLLO Y SOCIEDAD,
UNIVERSIDAD DE LOS ANDES-CEDE.
- Luis Eduardo Arango & Andrés Felipe García & Carlos Esteban Posada, . "La metodología de la Encuesta Continua de Hogares y el empalme de las series del mercado laboral urbano de Colombia," Borradores de Economia 410, Banco de la Republica de Colombia.
- Luis Eduardo Arango & Andrés Felipe García & Carlos Esteban Posada, 2006. "La metodología de la Encuesta Continua de Hogares y el empalme de las series del mercado laboral urbano de Colombia," BORRADORES DE ECONOMIA 003039, BANCO DE LA REPÚBLICA.
- Barnichon, Regis, 2012.
"Vacancy posting, job separation and unemployment fluctuations,"
Journal of Economic Dynamics and Control,
Elsevier, vol. 36(3), pages 315-330.
- Regis Barnichon, 2009. "Vacancy posting, job separation and unemployment fluctuations," Finance and Economics Discussion Series 2009-35, Board of Governors of the Federal Reserve System (U.S.).
- Marcus Cobb C. & Andrea Sánchez Y, 2008. "Índice de Avisos de Empleo," Economic Statistics Series 64, Central Bank of Chile.
- Jay L. Zagorsky, 1998. "Job Vacancies In The United States: 1923 To 1994," The Review of Economics and Statistics, MIT Press, vol. 80(2), pages 338-345, May.
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