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Revista de Economía Institucional
Print version ISSN 0124-5996
Abstract
VIAFARA L, Carlos Augusto and URIBE G., José Ignacio. DURATION UNEMPLOYMENT AND SEARCH METHODS IN COLOMBIA. Rev.econ.inst. [online]. 2009, vol.11, n.21, pp.139-160. ISSN 0124-5996.
This paper studies the duration of unemployment in Colombia as an indicator of the effectivity of search methods. This work is based on the Continuing Survey of Households (ECH), carried out in Colombia in the second quarter of 2006. Parametric (Weibull proportional risk) and nonparametric (Kaplan-Meier) duration models are estimated. The findings suggest that the duration of unemployment is strongly influenced by the search methods used by employees and the unemployed. Formal methods are the most effective.
Keywords : duration of unemployment; search methods; search methods effectiveness;.