Número:
632
Publicado:
Clasificación JEL:
C25, J30, J50
Palabras clave:
wage setting, newly hired employees, wage rigidities survey evidence, Logit
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Juan José Ospina-Tejeiro, Jorge Enrique Ramos-Forero, David Camilo López-Valenzuela, Yurany Hernández-Turca, Nicolle Valentina Herrera-Pinto
This paper uses a survey on wage formation that was applied to 1,305 Colombian firms to study wage-setting decisions with respect to newly hired employees. The Colombian case is interesting, since the country?s labour market performance, especially its un