La Dinámica multifactorial del desempleo dominicano 2014-2024
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Authors
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desempleo
multifactorial
ciclos
var/vec
Unemployment
multifactor
Business Cycle
Vector Autorregression
multifactorial
ciclos
var/vec
Unemployment
multifactor
Business Cycle
Vector Autorregression
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Journal Title
Journal ISSN
Volume Title
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Instituto Tecnológico de Santo Domingo (INTEC)
Esta nota de investigación explora la dinámica del desempleo abierto en República Dominicana, primero caracterizando el contexto internacional y, fundamentalmente, considerando un conjunto de variables explicativas/correlacionadas de los sectores real, monetario, externo y fiscal. Entre los hallazgos más importantes es que los determinantes principales para la reducción del desempleo son los cotizantes formales, el IMAE y, dentro de las variables externas, la llegada de turistas no residentes. Mientras que, por otro lado, políticas expansivas (monetaria y fiscal) parecieran incrementar el desempleo (por vía de una mayor participación). También, con las estimaciones empíricas se realizan proyecciones para los siguientes dos o tres años, donde se cuantifica la futura disminución esperada en los niveles de desempleo.
This research paper explores the dynamics of open unemployment in the Dominican Republic, first by characterizing the international context and primarily considering a set of explanatory/correlated variables from the real, monetary, external, and fiscal sectors. Among the most important findings is that the main determinants for reducing unemployment are formal contributors, the IMAE (Monthly Economic Activity Index), and, among the external variables, the arrival of non-resident tourists. While, on the other hand, expansionary policies (monetary and fiscal) seem to increase unemployment (through higher participation). Projections for the next 2-3 years are also made using the empirical estimations, quantifying the expected future decrease in unemployment levels
This research paper explores the dynamics of open unemployment in the Dominican Republic, first by characterizing the international context and primarily considering a set of explanatory/correlated variables from the real, monetary, external, and fiscal sectors. Among the most important findings is that the main determinants for reducing unemployment are formal contributors, the IMAE (Monthly Economic Activity Index), and, among the external variables, the arrival of non-resident tourists. While, on the other hand, expansionary policies (monetary and fiscal) seem to increase unemployment (through higher participation). Projections for the next 2-3 years are also made using the empirical estimations, quantifying the expected future decrease in unemployment levels
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info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/publishedVersion
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Science, Economy & Business; Vol. 7 No. 1 (2023): Science, Economics and Business; 7-26
Ciencia, Economía y Negocios; Vol. 7 Núm. 1 (2023): Ciencia, Economía y Negocios; 7-26
2613-8778
2613-876X
10.22206/ceyn.2023.v7i1
Ciencia, Economía y Negocios; Vol. 7 Núm. 1 (2023): Ciencia, Economía y Negocios; 7-26
2613-8778
2613-876X
10.22206/ceyn.2023.v7i1