A NAIRU assessment: an applied case to Colombia’s labor markets

Given the discrepancy over the optimum levels of employment for Colombia, this research targets both, the national and urban, Non-Accelerating Inflation Rate of Unemployment (NAIRU) for the Colombian markets -- In doing so, there is a strong pertinence in estimating the constant NAIRU through raw and minimally altered data and providing the reader with a complete brief of the theory in which the model is founded -- The introduction of supply shocks is considered to attain improved estimations and a more reliable assessment of the NAIRU to those that have previously been attempted -- The backbone of the analysis is conducted through the relationship established by the Phillips curve from 2001 until 2015

• Autores: Molina Velásquez, Nicolás
• Fecha de publicación: 2015
• Institución: Universidad EAFIT
• Repositorio: Repositorio EAFIT
• OAI Identifier: oai:repository.eafit.edu.co:10784/8539
• Acceso en línea: http://hdl.handle.net/10784/8539
• Palabra clave: Tasa de desempleo; Estimación NAIRU; DESEMPLEO E INFLACIÓN; CURVA DE PHILLIPS; INFLACIÓN - MODELOS MATEMÁTICOS; MODELOS DE CRECIMIENTO (ECONOMÍA); Unemployment--Effect of inflation; Phillips curve; Inflation (Finance) - Mathematical models; Growth Models (economics)
• License: Acceso abierto