Duration and Risk of Unemployment in Argentina
25 Pages Posted: 9 Aug 2002
There are 2 versions of this paper
Duration and Risk of Unemployment in Argentina
Date Written: October 2001
Abstract
After a decade of structural reforms, unemployment rates have tripled in Argentina. This paper is concerned with the measurement of unemployment risk and its distribution. We show the importance of considering re-incidence in the measurement of unemployment risk and develop a methodolgy to do that. Our estimates for Argentina show that, though the typical unemployment spell is short, once re-incidence is taken into account, unemployment risk is high, has risen substantially in the last decade and is shared very unequally in the labor force. This counters the established view that unemployment is a small risk, short-duration phenomenon, which arises when re-incidence is not considered.
Keywords: Developing labor markets, hazard functions, unemployment duration
JEL Classification: J0, J6
Suggested Citation: Suggested Citation
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