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dc.titleArepas are not Tacos: On the Labor Markets of Latin America (Discussion Paper)
dc.contributor.authorAristizábal-Ramírez, María
dc.contributor.authorSantos, Cezar
dc.contributor.authorTorres, Alejandra
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageLatin America
dc.coverageLatin America
dc.date.available2024-07-19T00:07:00
dc.date.issue2024-07-19T00:07:00
dc.description.abstractThis paper examines labor markets across Latin American countries, revealing substantial differences in unemployment, informality, and worker transitions. Using surveys from eight countries, we construct comparable statistics on employment stocks and mobility patterns. Notable cross-country differences emerge, with economies mostly clustered into high unemployment-low informality or low unemployment-high informality groups. Transition probabilities and directional flows also vary significantly. We highlight the importance of using country-specific parameters when simulating labor market and aggregate outcomes. Finally, we compare our main results with those by sex and education groups.
dc.format.extent28
dc.identifier.doihttp://dx.doi.org/10.18235/0013071
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Arepas-are-not-Tacos-On-the-Labor-Markets-of-Latin-America.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectInformal Economy
dc.subjectLabor Market
dc.subjectLabor Force
dc.subjectLabor
dc.subject.jelcodeE24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity
dc.subject.jelcodeE26 - Informal Economy • Underground Economy
dc.subject.jelcodeJ46 - Informal Labor Markets
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.keywordsLatin America;Labor markets;Informality;Unemployment;Transitions
idb.identifier.pubnumberIDB-DP-01062
idb.operationRG-E1965
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