Employment dynamics and crises in Latin America

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(99/2009)
cepal.docTypeRevistas
cepal.idSade39040
cepal.physicalDescriptiongráficos., tablas.
cepal.topicEngEMPLOYMENT
cepal.topicSpaEMPLEO
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorNavarro, Lucas
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-01-02T18:44:52Z
dc.date.available2014-01-02T18:44:52Z
dc.date.issued2009-12
dc.descriptionIncludes bibliography
dc.description.abstractThis study presents dynamic labour demand estimates based oninformation for 15 Latin American countries in the last three decades. Itis found that recessions have a direct negative effect on total and wageemployment creation. There is also a positive effect of recessions onemployment-output elasticity and a negative one on employment-wageelasticity. These results can be interpreted as meaning that policies aimedat reducing labour costs would be of limited effectiveness in combatingunemployment during recessions. On the other hand, policies to stimulateaggregate demand would have a stronger positive effect on labour marketperformance at times of crisis. In all cases, the effects are greater for wageemployment than for total employment. This suggests that the increasingflows of workers towards the informal sector during recessions can mitigatethe impact of lower economic growth on total employment.
dc.formatTexto
dc.format.extentpáginas. 23-40
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2418-P
dc.identifier.urihttps://hdl.handle.net/11362/11363
dc.language.isoeng
dc.physicalDescriptiongrafs., tabls.
dc.physicalDescriptionp. 23-40
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo99
dc.relation.isPartOfSeriesCEPAL Review
dc.subject.unbisEngEMPLOYMENT
dc.subject.unbisEngLABOUR MARKET
dc.subject.unbisEngLABOUR SUPPLY
dc.subject.unbisEngECONOMIC LIBERALIZATION
dc.subject.unbisEngBUSINESS CYCLES
dc.subject.unbisEngDATA ANALYSIS
dc.subject.unbisEngMATHEMATICAL MODELS
dc.subject.unbisEngEMPLOYMENT STATISTICS
dc.subject.unbisSpaEMPLEO
dc.subject.unbisSpaMERCADO DE TRABAJO
dc.subject.unbisSpaOFERTA DE MANO DE OBRA
dc.subject.unbisSpaLIBERALIZACION ECONOMICA
dc.subject.unbisSpaCICLOS ECONOMICOS
dc.subject.unbisSpaANALISIS DE DATOS
dc.subject.unbisSpaMODELOS MATEMATICOS
dc.subject.unbisSpaESTADISTICAS DEL EMPLEO
dc.titleEmployment dynamics and crises in Latin America
dc.type.coarrevista
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