Flórez, Luz A.; Melo Becerra, Ligia Alba; Posada, … - In: Latin American economic review : LAER ; official … 32 (2023), pp. 1-24
We use the stochastic frontier approach to estimate the reservation wage across different city groups in Colombia. We use the information of GEIH from 2008-2019 of 23 urban cities. We find empirical evidence in favor of the search theory predictions that suggest a positive relationship between...