Determinants of Labor Demand in Colombia: 1976-1996
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Colombia's unemployment rate rose to 20% during the late 1990s from less than 8% in 1994. This paper argues that this has been the result of high non-wage labor costs embodied in the legislation. The estimated own-wage labor demand elasticity is around 0.5, which implies that a reduction in those
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美国国家经济研究局创建时间：
2003-11-01
