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Ensayos sobre POLÍTICA ECONÓMICA
Print version ISSN 0120-4483
Abstract
GUATAQUI ROA, Juan Carlos and GARCIA SUAZA, Andrés Felipe. Effects of labor market reforms: ¿More work and fewer jobs?. Ens. polit. econ. [online]. 2009, vol.27, n.60, pp.46-79. ISSN 0120-4483.
The Colombian 2002 labor reform was aimed at two specific purposes: implementation of social protection measures and labor law flexibilization. On this document we analyze some of the effects of the reform, with specific emphasis on the potential changes on labor contract modalities, working hours and unemployment duration. From our analysis we conclude that the reform had an intensive effect (higher demand of working hours) yet it only had a marginal extensive effect over employment. It reduced unemployment duration as well. JEL classification: J23, J64, J68.
Keywords : labor reform; unemployment; labor force; Colombia.