Local shocks in labor markets: competition and information flow among peers

Lucila Berniell, Dolores de la Mata and Federico Juncosa

No 1671, Research Department working papers from CAF Development Bank Of Latinamerica

Abstract: We present causal evidence of the effect of local labor supply shocks on labor outcomes of young job seekers in a developing country. We study a large-scale internship program in Argentina that randomly alters job seekers’ local labor environment. Exposure to areas with high program saturation results in adverse effects on labor market outcomes following program completion, while having a nearby individual who participated in the program improves labor outcomes. These results are compatible with the coexistence of a mechanism of transmission of valuable labor market information among peers and a competition mechanism.

Keywords: Banca de desarrollo; Desarrollo; Desempleo; Economía; Educación; Habilidades y destrezas; Investigación socioeconómica; Jóvenes; Políticas públicas; Sector académico (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-ure
References: Add references at CitEc
Citations:

Downloads: (external link)
https://scioteca.caf.com/handle/123456789/1671

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dbl:dblwop:1671

Access Statistics for this paper

More papers in Research Department working papers from CAF Development Bank Of Latinamerica Contact information at EDIRC.
Bibliographic data for series maintained by Pablo Rolando ().