Cristiano-Botia, Deicy J.; Hernandez-Bejarano, Manuel Dario - In: Latin American economic review : LAER ; official … 30 (2021), pp. 1-32
Although the unemployment rate is traditionally used to diagnose the current state of the labor market, this indicator does not reflect the existence of asymmetries, mobility costs, and rigidities which impede labor to freely flow over the business cycle. Thus, to get a better portrait of the...
