Abstract

FORONDA, Carlos  and  ALCARAZ, Andrea. ESTIMATION AND CHARACTERISTICS OF UNEMPLOYMENT DURATION IN BOLIVIA. Inv. y Des. [online]. 2015, vol.2, n.15, pp.15-40. ISSN 1814-6333.

An economy’s unemployment is considered as the most widely used synthetic indicator to describe a labor market; however, it does not give enough information about its dynamics. This study provides a complementary analysis of the labor market’s dynamics through the estimation of complete unemployment duration and an adequate methodological approach to the availability of information in Bolivia through the use of parametric and non-parametric models that allow a description of the behavior of unemployment’s duration in relation to the sociodemographic features of the population. The results show that it is necessary to correct biases in available data, given that they cause an over-estimation of the unemployment duration. For that purpose, the method of Corak and Heisz[1] was used. In the country, in recent years, unemployment duration has been relatively low, although there are certain vulnerable groups that experiment long periods of job search, such as women and older people. It is also explored the relationship between unemployment duration and technical education and geographic area. Finally, the necessity of including informality, underemployment and other variables in the analysis is also identified.

Keywords : Survival Models; Unemployment Duration; Labor Policies; Semi-Parametric and Non-Parametric Models; Job Search.

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