Is the wage curve formal or informal? Evidence for Colombia

被引：13
|
作者：
Ramos, Raul [1 ]
Duque, Juan C. [2 ]
Surinach, Jordi [1 ]
机构：
[1] Univ Barcelona, Dept Econometr Stat & Spanish Econ, Grp Anal Quantitat Reg AQR IREA, Barcelona 08034, Spain
[2] EAFIT Univ, Dept Econ, Res Spatial Econ RiSE Grp, Medellin, Colombia
来源：
ECONOMICS LETTERS | 2010年 / 109卷 / 02期
关键词：
Wage curve; Unemployment; Formal and informal sectors;
D O I：
10.1016/j.econlet.2010.08.004
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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 market analysis in developing countries. (C) 2010 Elsevier B.V. All rights reserved.
引用
收藏
页码：63 / 65
页数：3
相关论文
共 50 条
  • [1] The minimum wage in formal and informal sectors: Evidence from an inflation shock
    Perez Perez, Jorge
    [J]. WORLD DEVELOPMENT, 2020, 133
  • [2] Wage structure and wage differentials in formal and informal sectors in India: Evidence from NSS data
    Singhari S.
    Madheswaran S.
    [J]. The Indian Journal of Labour Economics, 2017, 60 (3) : 389 - 414
  • [3] How different are the wage curves for formal and informal workers? Evidence from Turkey
    Baltagi, Badi H.
    Baskaya, Yusuf Soner
    Hulagu, Timur
    [J]. PAPERS IN REGIONAL SCIENCE, 2013, 92 (02) : 271 - 283
  • [4] Formal and informal sectors: is there any wage differential?
    Kahyalar, Neslihan
    Fethi, Sami
    Katircioglu, Salih
    Ouattara, Bazoumana
    [J]. SERVICE INDUSTRIES JOURNAL, 2018, 38 (11-12): : 789 - 823
  • [5] Compensating wage differentials in formal and informal jobs
    Verhaest, Dieter
    Adriaenssens, Stef
    [J]. KYKLOS, 2022, 75 (01) : 106 - 126
  • [6] Wage setting, wage curve and Phillips curve: The Italian evidence
    Chiarini, B
    Piselli, P
    [J]. SCOTTISH JOURNAL OF POLITICAL ECONOMY, 1997, 44 (05) : 545 - 565
  • [7] FORMAL AND INFORMAL EMPLOYMENT IN THE TOURISM SECTOR IN COLOMBIA
    Leguizamon, Manuel T.
    [J]. ANUARIO TURISMO Y SOCIEDAD, 2016, 18 : 179 - 187
  • [8] Between Formal and Informal Work: Entrepreneurialism in Colombia
    Medina-Zairate, Julian
    [J]. URBANITIES-JOURNAL OF URBAN ETHNOGRAPHY, 2018, 8 (01): : 50 - 64
  • [9] Spatial wage curves for formal and informal workers in Turkey
    Badi H. Baltagi
    Yusuf Soner Başkaya
    [J]. Journal of Spatial Econometrics, 2022, 3 (1):
  • [10] Informal and Formal Wage Differences Based on Cohorts in Indonesia
    Santoso, Rokhedi Priyo
    Sahadewo, Gumilang Aryo
    Sugiyanto, Catur
    Setiastuti, Sekar Utami
    [J]. ECONOMIES, 2022, 10 (12)
12345