THE DYNAMICS OF THE LABOR MARKETS IN CHILE

Through flows from 3 states, employment, unemployment and out of the labor force, we analyze the dynamics of labor markets in Chile from 1962-2007. We identify some periods of different labor market regimes and relate them with changes inflexibility. We found that reforms such as that of 1967, which...

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Autores principales: Lima,Víctor O, Paredes,Ricardo D
Lenguaje:English
Publicado: Universidad de Chile. Departamento de Economía 2007
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862007000200003
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spelling oai:scielo:S0718-528620070002000032008-01-28THE DYNAMICS OF THE LABOR MARKETS IN CHILELima,Víctor OParedes,Ricardo D labor markets transition probabilities unemployment Through flows from 3 states, employment, unemployment and out of the labor force, we analyze the dynamics of labor markets in Chile from 1962-2007. We identify some periods of different labor market regimes and relate them with changes inflexibility. We found that reforms such as that of 1967, which introduced the "just cause" requirement to fire workers, did not help workers to keep their jobs, but there is no evidence of significant changes in inflexibility. Other labor regimes significantly affected transitions, but surprisingly, it was the new regime identified in 1990, that increased mobility. We interpret this as the result of the consolidation of a flexibility prone model that, until then, had been associated with an unpopular imposition by the military regime. Finally, we do not find any evidence showing that after 1998 the changes in labor participation and consequently, that the explanations of the changes in the unemployment rate could be associated with "added and discouraged worker effects."info:eu-repo/semantics/openAccessUniversidad de Chile. Departamento de EconomíaEstudios de economía v.34 n.2 20072007-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862007000200003en10.4067/S0718-52862007000200003
institution Scielo Chile
collection Scielo Chile
language English
topic labor markets
transition probabilities
unemployment
spellingShingle labor markets
transition probabilities
unemployment
Lima,Víctor O
Paredes,Ricardo D
THE DYNAMICS OF THE LABOR MARKETS IN CHILE
description Through flows from 3 states, employment, unemployment and out of the labor force, we analyze the dynamics of labor markets in Chile from 1962-2007. We identify some periods of different labor market regimes and relate them with changes inflexibility. We found that reforms such as that of 1967, which introduced the "just cause" requirement to fire workers, did not help workers to keep their jobs, but there is no evidence of significant changes in inflexibility. Other labor regimes significantly affected transitions, but surprisingly, it was the new regime identified in 1990, that increased mobility. We interpret this as the result of the consolidation of a flexibility prone model that, until then, had been associated with an unpopular imposition by the military regime. Finally, we do not find any evidence showing that after 1998 the changes in labor participation and consequently, that the explanations of the changes in the unemployment rate could be associated with "added and discouraged worker effects."
author Lima,Víctor O
Paredes,Ricardo D
author_facet Lima,Víctor O
Paredes,Ricardo D
author_sort Lima,Víctor O
title THE DYNAMICS OF THE LABOR MARKETS IN CHILE
title_short THE DYNAMICS OF THE LABOR MARKETS IN CHILE
title_full THE DYNAMICS OF THE LABOR MARKETS IN CHILE
title_fullStr THE DYNAMICS OF THE LABOR MARKETS IN CHILE
title_full_unstemmed THE DYNAMICS OF THE LABOR MARKETS IN CHILE
title_sort dynamics of the labor markets in chile
publisher Universidad de Chile. Departamento de Economía
publishDate 2007
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862007000200003
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