The importance of search methods in the duration of unemploymentevidence during the economic crisis in the Madrid region

  1. Kenedy Pedro Alva Chavez 1
  2. Lorenzo Escot 1
  3. José Andres Fernandez Cornejo 1
  1. 1 Universidad Complutense de Madrid
    info

    Universidad Complutense de Madrid

    Madrid, España

    ROR 02p0gd045

Journal:
Estudios de economía aplicada

ISSN: 1133-3197,  1697-5731

Year of publication: 2023

Issue Title: Ciencia de datos para la Economía Aplicada

Volume: 41

Issue: 1

Type: Article

DOI: 10.25115/SAE.V41I1.9085 DIALNET GOOGLE SCHOLAR

More publications in: Estudios de economía aplicada

Abstract

After the crisis of 2008, the reduction of unemployment has become one of the priority objectives of economic policy in Spain. The job reinsertion of the unemployed is influenced by a multitude of factors, from the effectiveness of education and training policies, to the policies of intermediation and activation of the unemployed. From the point of view of the individual, the method used in the process of searching for a job is another of the fundamental factors to increase the probability of finding work, so that the effectiveness of these methods is crucial not only at an individual level but also at a macroeconomic level due to its effects on the frictional unemployment rate. In this work, based on a survey carried out in the Community of Madrid during the economic crisis and using semi-parametric models of duration, an analysis will be made to measure how the different search methods influence the probability of finding a job.

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