Fernández, Andrés; Meza, Felipe - UNIVERSIDAD DE LOS ANDES-CEDE - 2011
Motivated by the fact that, over the business cycle, labor dynamics in emergingeconomies differ in nontrivial ways from … takes into consideration labor dynamics. In this case trend shocks continue to be relatively stronger in emerging economies ….Additionally, we find that differences in labor dynamics across emerging and developing economies are associated with the relatively …