Chilean paper analyses unemployment’s impact on wages

Central Bank of Chile
Central Bank of Chile
Photo: Central Bank of Chile/Wikimedia Commons

Unemployment spells are the most important source of earnings risk for workers, according to a working paper published this week by the Central Bank of Chile.

In Identification of earnings dynamics using rotating samples over short periods: the case of Chile, Carlos Madeira analyses Chilean data from 1990 to 2012 to propose a dynamic earnings process. Madeira considers two distinct shocks: unemployment spells and the wage of workers who stay employed.

"The idiosyncratic wage volatility of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.