Determinants of structural unemployment in Colombia : A search approach

Número: 
969
Publicado: 
Clasificación JEL: 
E24, J3, J4
Palabras clave: 
Search Model, Structural Unemployment Rate, Vacancy Rate, Hiring Cost Indicator

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Lina Fernanda Torres-Gutierrez, Gonzalo Ossa-Stipcianos, Edwin Mauricio Parra-Rodriguez, Egberto Alexander Riveros, Alvaro José Martinez-Monroy, Julián Andrés Gomez-Duran, Juan Sebastián Rojas-Moreno

This paper is aimed to identify the main determinants of the structural unemployment rate (SUR) in Colombia. To this end, we initially look up theoretical determinants of structural unemployment as defined by a basic search and matching model. Then, we es