Youth Unemployment in Uruguay

December 11, 2020

Preview Citation

Format: Chicago

Jose L. Torres, and Sidonia McKenzie. Youth Unemployment in Uruguay, (USA: International Monetary Fund, 2020) accessed December 22, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

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. To help understand this duality, we employ synthetic panels from repeated household surveys for LA6 countries from 1990-2018 to investigate the determinants of the youth-to-adult unemployment gap. We find that a large part of the Uruguayan gap cannot be explained by standard variables, which opens the possibility that other uncontrolled factors, including labor market institutions, might be at play.

Subject: 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

Publication Details

Pages:

26
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2020/281
Stock No:

WPIEA2020281
ISBN:

9781513563947
ISSN:

1018-5941

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