Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/268267 
Erscheinungsjahr: 
2023
Schriftenreihe/Nr.: 
GLO Discussion Paper No. 1224
Verlag: 
Global Labor Organization (GLO), Essen
Zusammenfassung: 
This research explores the long-term equilibrium relationship between unemployment and labour force participation rates for six selected countries in Latin America at both aggregate and gender-disaggregated levels. Cointegration analysis focused on the study of time series is used to validate the unemployment invariance hypothesis and explore added and discouraged worker effects in depth. The results suggest mixed dynamics for the aggregate model; however, a clear gender bias is revealed towards the added worker effect for women, while the discouraged worker effect is confirmed for men. The validity of the unemployment invariance hypothesis in several countries appears to reflect some rigidities that prevent the improvement of nations' labour markets, exposing issues that economic policies must strategically address.
Schlagwörter: 
cointegration
added worker effect
discouraged worker effect
unemployment invariance
unemployment rate
labour force participation rate
JEL: 
E24
C10
J21
J64
J68
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
402.07 kB





Publikationen in EconStor sind urheberrechtlich geschützt.