50 Years of Job Vacancies in Colombia: The Case of Bogota, 1960-2010
Andrés Álvarez and
Marc Hofstetter
Borradores de Economia from Banco de la Republica de Colombia
Abstract:
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.
Keywords: Vacancy Rate; Unemployment; Beveridge curve; labor market; Colombia. (search for similar items in EconPapers)
JEL-codes: E24 E32 J63 J64 (search for similar items in EconPapers)
Pages: 31
Date: 2012-07
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Citations: View citations in EconPapers (2)
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https://doi.org/10.32468/be.719 (application/pdf)
Related works:
Working Paper: 50 Years of Job Vacancies in Colombia: The Case of Bogota, 1960-2010 (2012) 
Working Paper: 50 Years of Job Vacancies in Colombia: The Case of Bogota, 1960-2010 (2012) 
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Persistent link: https://EconPapers.repec.org/RePEc:bdr:borrec:719
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