Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7407470 | Ensayos sobre Política Económica | 2016 | 23 Pages |
Abstract
The behavior of the labor market over the business cycle, for different cities and demographic groups, is described by means of eight variables. The chronology used to undertake the endeavor is borrowed from Alfonso et al. (2013) and JaulÃn (2013). The evidence suggests that labor participation tends to be acyclical while the occupation employment rate is procyclical. Unambiguously, unemployment rises during recessions. The dismissed and reinserted workers increases in bad times. The hourly real wages as well as hours are procyclical after 2008.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics, Econometrics and Finance (General)
Authors
Luis Eduardo Arango, Freddy Felipe Parra-Escobar, Álvaro José Pinzón-Giraldo,