Youth Unemployment in Uruguay
IMF Working Papers, December 11, 2020
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- Youth Unemployment in Uruguay
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Bibliographic details
- Authors: Jose L. Torres
- Published: December 11, 2020
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781513563947.001
Summary and key findings
- Uruguay enjoys favorable social outcomes, and its labor indicators are comparable to other Latin American countries, but its youth unemployment is one of the highest in the world.
- The paper employs synthetic panels from repeated household surveys for LA6 countries from 1990-2018 to investigate the determinants of the youth-to-adult unemployment gap.
- A large part of the Uruguayan gap cannot be explained by standard variables, opening the possibility that other uncontrolled factors, including labor market institutions, might be at play.
Methods and data
- Method: synthetic panels constructed from repeated household surveys.
- Coverage: LA6 countries.
- Period: 1990-2018.
Implications and interpretation
- Standard explanatory variables do not fully account for Uruguay’s youth-to-adult unemployment gap.
- The unexplained portion suggests potential roles for uncontrolled factors, notably labor market institutions and labor market rigidities, in shaping youth labor market outcomes.
Publication and metadata
- Author: Jose L. Torres
- Date: December 11, 2020
- Pages: 26
- Volume: 2020
- Issue: 281
- Series: Working Paper No. 2020/281
- DOI: https://doi.org/10.5089/9781513563947.001
- Stock No: WPIEA2020281
- ISBN: 9781513563947
- ISSN: 1018-5941
- Subjects: Employment, Labor, Labor markets, Unemployment, Unemployment rate
- Keywords: labor market, labor market characteristic, labor market rigidity, labor market trajectory, labor rigidities, labor-market challenge, synthetic panel., unemployment gap, WP, youth labor market prospect, youth unemployment
Source: Jose L. Torres, "Youth Unemployment in Uruguay", IMF Working Papers, December 11, 2020.
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- Working Paper