The study looked at wage rigidity in Colombia from 2002 to 2014. They found that wages were slow to adjust despite economic growth, with a rigidity rate of 12.09%. This rigidity was higher than in other countries. Unlike in advanced economies, wage rigidity in Colombia was not linked to the wage bargaining system. The researchers suggest that economic growth is the best way to reduce wage rigidity in Colombia, as labor market institutions are not effective. They recommend a major overhaul of the wage bargaining system in Colombia.