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Objectives of Sustainable Development and Youth Employment in Colombia

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Faculty of Economics and Administrative Sciences Universidad Católica de Colombia, Bogotá 110231, Colombia
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Dpto de Estructura Económica y Economía del Desarrollo, Universidad Autónoma de Madrid, 28049 Madrid, Spain
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FACE Microdata Analysis Laboratory Universidad Federal de Goiás—FACE/UFG, Goiânia 74823330, Brazil
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Author to whom correspondence should be addressed.
Sustainability 2020, 12(3), 991; https://doi.org/10.3390/su12030991
Received: 30 November 2019 / Revised: 13 January 2020 / Accepted: 21 January 2020 / Published: 30 January 2020
(This article belongs to the Section Economic and Business Aspects of Sustainability)
The sustainable development goals (SDGs) aim to raise quality employment, gender equity in access to employment and increase coverage in education. However, in Colombia, high unemployment rates and the informality of young people are risks of achieving these goals. The purpose of this research is to estimate the determinants of youth unemployment and its relationship with SDGs Objective 8, and linking it to the objectives of quality education and gender equity. Using the microdata of the Colombian household survey, DANE, this relationship is estimated with a methodology of age, period, and cohort, through a Probit/Logit Multinomial model. As a novel result for the Colombian case, it is shown that, although new generations of young people are more educated, education per se is not enough to guarantee them a quality insertion into the labor market, penalizing, above all, young women. Lack of work experience and segmentation of the labor market would help explain this outcome. Employment policies, therefore, to achieve the SDGs must not only invest in education, but also expand dual education programs, considering gender. View Full-Text
Keywords: sustainable development goals; human capital; youth unemployment; Probit model; multinomial logit model; cohort study sustainable development goals; human capital; youth unemployment; Probit model; multinomial logit model; cohort study
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MDPI and ACS Style

Castillo, C.; Da Silva, J.; Monsueto, S. Objectives of Sustainable Development and Youth Employment in Colombia. Sustainability 2020, 12, 991. https://doi.org/10.3390/su12030991

AMA Style

Castillo C, Da Silva J, Monsueto S. Objectives of Sustainable Development and Youth Employment in Colombia. Sustainability. 2020; 12(3):991. https://doi.org/10.3390/su12030991

Chicago/Turabian Style

Castillo, Cristian, Julimar Da Silva, and Sandro Monsueto. 2020. "Objectives of Sustainable Development and Youth Employment in Colombia" Sustainability 12, no. 3: 991. https://doi.org/10.3390/su12030991

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