Echoes of the crises in Spain and US in the colombian labor market:  a differences-in-differences approach

Arango, Luis E.; Mata, María Dolores de la; Obando, Nataly

Echoes of the crises in Spain and US in the colombian labor market: a differences-in-differences approach

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Borradores de Economía; No. 827

Date published

2014-06-24

Date

2014-06-24

Authors

Arango, Luis E.
Mata, María Dolores de la
Obando, Nataly

Document language

spa

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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

This paper presents evidence of the effect of the recent phases of the business cycle in Spain and United States, proxied by their respective unemployment rates, on the labor market of Colombian cities with high migration tradition. These countries are th