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https://hdl.handle.net/2445/44103| Title: | Is the wage curve formal or informal? Evidence for Colombia |
| Author: | Ramos Lobo, Raúl Duque, Juan Carlos Suriñach Caralt, Jordi |
| Keywords: | Colòmbia Atur Salaris Economia submergida Colombia Unemployment Wages Informal sector (Economics) |
| Issue Date: | Nov-2010 |
| Publisher: | Elsevier B.V. |
| Abstract: | Using microdata from the 2002-2006 Colombian Continuous Household Survey, we find an elasticity of individual wages to local unemployment rates of -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 markets analysis in developing countries. |
| Note: | Versió postprint del document publicat a: http://dx.doi.org/10.1016/j.econlet.2010.08.004 |
| It is part of: | Economics Letters, 2010, vol. 109, num. 2, p. 63-65 |
| URI: | https://hdl.handle.net/2445/44103 |
| Related resource: | http://dx.doi.org/10.1016/j.econlet.2010.08.004 |
| ISSN: | 0165-1765 |
| Appears in Collections: | Articles publicats en revistes (Econometria, Estadística i Economia Aplicada) Documents de treball / Informes (Econometria, Estadística i Economia Aplicada) |
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| 579232.pdf | 33.94 kB | Adobe PDF | View/Open |
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