Unemployment dynamics in Uruguay: an analysis using chain reaction theory

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cepal.articleNo5
cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/G.2694-P
cepal.docTypeRevistas
cepal.jelCodeJ21
cepal.jelCodeJ23
cepal.jelCodeJ64
cepal.jobNumberRVI120_Leites
cepal.physicalDescriptiongráficos., tablas.
cepal.regionalOfficeSantiago
cepal.sdg8
cepal.topicEngEMPLOYMENT
cepal.topicSpaEMPLEO
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorLeites, Martín
dc.contributor.authorPorras, Sylvina
dc.coverage.spatialEngURUGUAY
dc.coverage.spatialSpaURUGUAY
dc.date.accessioned2017-04-25T14:44:17Z
dc.date.available2017-04-25T14:44:17Z
dc.date.issued2016-12
dc.description.abstractThis article analyses unemployment dynamics in Uruguay within the framework of chain reaction theory and offers evidence to account for the remarkable drop in unemployment over recent years. It confirms the impact of exogenous variables on the long-run trajectory of unemployment and rules out the notion that its long-run level gravitates around an equilibrium value. It identifies inertia processes in labour supply and demand and in wages, whose mutual interactions mean that shocks have persistent effects on unemployment. There are also complementary spillover effects that influence the magnitude and duration of the effects of shocks. Lastly, the article emphasizes that growth in the capital stock and capital productivity accounts for some of the substantial decline in unemployment in Uruguay since 2003.
dc.formatTexto
dc.format.extentpáginas. 95-11
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2694-P
dc.identifier.urihttps://hdl.handle.net/11362/41257
dc.language.isoeng
dc.physicalDescriptionp. 95-117; grafs., tabls.
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo120
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.translationLanguagespa
dc.relation.translationRecordLa dinámica del desempleo en el Uruguay a través de la teoría de la reacción en cadena
dc.relation.translationUrihttps://hdl.handle.net/11362/40796
dc.rights.coarDisponible
dc.subject.unbisEngUNEMPLOYMENT
dc.subject.unbisEngLABOUR MARKET
dc.subject.unbisEngLABOUR SUPPLY
dc.subject.unbisEngWAGES
dc.subject.unbisEngMEASUREMENT
dc.subject.unbisSpaDESEMPLEO
dc.subject.unbisSpaMERCADO DE TRABAJO
dc.subject.unbisSpaOFERTA DE MANO DE OBRA
dc.subject.unbisSpaSALARIOS
dc.subject.unbisSpaMEDICION
dc.titleUnemployment dynamics in Uruguay: an analysis using chain reaction theory
dc.type.coarrevista
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