The cyclical behavior of separation and job finding rates in Colombia

Borradores de Economia
Number: 
910
Published: 
Classification JEL: 
J63, J64, E32
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

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This work uses readily accessible data about the stocks of unemployed workers, labor force and duration of unemployment to measure the job finding and separation rates for Colombia from 1984 to 2014. It also evaluates the relative contribution of these ra