2022 Joint Research Program

2022 Joint Research Program

CEMLA Workshop on Labor Markets

The Center for Latin American Monetary Studies (CEMLA) organized the CEMLA Workshop on Labor Markets on August 11 and 12, 2022, within the 2022 Joint Research Program. This year's edition was carried out digitally and gathered the authors of five papers (in progress) on labor markets for the contexts of some Latin American and European countries. The authors are affiliated to the central banks of Bolivia, Costa Rica, Peru, Spain, and Uruguay.

The Workshop presentations covered the following topics: i) an analysis of labor market transitions during the COVID-19 pandemic in Bolivia; ii) an examination of the COVID-19 shock reallocation effects in Costa Rica with an emphasis on unobserved worker heterogeneity; iii) the characterization of multiple-job workers in Peru and the determinants of its decision to have a second job; iv) the reallocation dynamics across sectors in three big Euro Area countries—namely, Spain, Italy, and France—induced by the COVID-19 pandemic; and v) the estimation of the natural rate of unemployment and the construction of a labor market conditions indicator for Uruguay.

There were two invited presentations given by this year’s Academic Advisors: i) Effects of the COVID-19 pandemic on the labor market outcomes of women with children in Mexico, presented by Laura Juárez, Assistant Professor in the Center for Economic Studies (CEE) at El Colegio de México, and ii) Informal labor markets in times of the pandemic: Evidence for Latin America and policy options by Carlos Urrutia, Professor of Economics and Researcher at the Center for Economic Research (CIE) at ITAM.