Abstract

RESTREPO PLAZA, Lina María. EFFECTIVENESS AND EFFICIENCY OF JOB SEARCH CHANNELS IN COLOMBIA. Semest. Econ. [online]. 2013, vol.16, n.33, pp.67-98. ISSN 0120-6346.

The labor market cannot be defined as an institution where buyers and sellers come together to negotiate a commodity at a given price; therefore three different search channels mechanisms have been identified where the agents are able to match the working abilities with the available jobs. In order to verify the effectiveness and efficiency of these search channels, the Household Integrated Survey information was used for the 13 metropolitan areas of Colombia in the second quarter of 2008. Parametric estimations where made such as the duration and discreet choice models and other non parametric model estimations such as Kaplan-Meier which proved that informal searches, meaning by these those done to family members and friends, are more effective and efficient than the formal selection processes.

Keywords : Employment; job search channels; duration of unemployment.

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