Duration and Risk of Unemployment in Argentina

Sebastian Galiani and Hugo Hopenhayn

No 476, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

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; unemployment risk (search for similar items in EconPapers)
JEL-codes: J0 J6 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2001-10-05
New Economics Papers: this item is included in nep-lab, nep-lam and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Duration and risk of unemployment in Argentina (2003)
Working Paper: Duration and Risk of Unemployment in Argentina (2001)
Working Paper: Duration and Risk of Unemployment in Argentina (2001)
Working Paper: Duration and Risk of Unemployment in Argentina (2001)
Working Paper: Duration and Risk of Unemployment in Argentina (2000)
Working Paper: Duration and Risk of Unemployment in Argentina (2000)
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