Is the Wage Curve Formal or Informal? Evidence for Colombia

Publicado en

• Economics Letters

Resumen

• Using microdata from the 2002-2006 Colombian Continuous Household Survey, we find an elasticity of individual wages to local unemployment rates of -Â 0.07. However, the elasticity for informal workers is significantly higher, a result which is consistent with efficiency wage theoretical models and relevant for regional labour market analysis in developing countries.

autores

• Duque, Juan Carlos
• Ramos Lobo, Raul
• Suriñach, Jordi

fecha de publicación

• 2010

Área temática

• J30 - Salarios, remuneraciones y costes laborales: Generalidades
• J60 - Movilidad, desempleo, vacantes y trabajadores inmigrantes: Generalidades
• O17 - Sector formal e informal; Economía sumergida; Acuerdos institucionales

Enfoque geográfico

• Colombia  Country
• South America  Continent

Líneas de investigación

• Formal and Informal Sectors
• Unemployment
• Wage Curve

Identificador de objeto digital (DOI)

• https://doi.org/10.1016/j.econlet.2010.08.004

Página inicial

• 63

Última página

• 65

Volumen

• 109

Issue

• 2