50 Years of Job Vacancies in Colombia: The Case of Bogota, 1960-2010

Andrés Álvarez and Marc Hofstetter

No 9799, Documentos CEDE from Universidad de los Andes, Facultad de Economía, CEDE

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: 32
Date: 2012-07-15
New Economics Papers: this item is included in nep-his
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Citations: View citations in EconPapers (2)

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https://repositorio.uniandes.edu.co/bitstream/handle/1992/8312/dcede2012-12.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:col:000089:009799

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