On the dynamics of unemployment in a developing economy: Colombia

"This paper estimates an asymmetric error correction model to analyse the dynamic behaviour of the Colombian unemployment rate. It is found that wages above their long-run equilibrium level do increase unemployment, but wages below this level do not reduce it. This finding provides evidence of...

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Detalles Bibliográficos
Autores Principales: Iregui A.M., Otero, Jesus
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: 2003
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/22611
https://doi.org/10.1080/1350485032000162811