There is anecdotal evidence that the standard of living for the educated has fallen in Venezuela over the last few years. This evidence comes as a surprise because after experiencing an economic downturn in 2002 and 2003, Venezuela's economy has boomed (gross domestic product growth has hovered...

This paper assesses labor market segmentation across formal and informal salaried jobs and self-employment in three Latin American and three transition countries. It looks separately at the markets for skilled and unskilled labor, inquiring if segmentation is an exclusive feature of the latter....

This paper examines changes in individual earnings during positive and negative growth periods in three Latin American economies: Argentina, Mexico, and Venezuela. We ask whether those individuals who start in the best economic position are those who experience the largest earnings gains or the...

As more and more Venezuelans leave their country, fleeing the economic and social crisis, the number of Venezuelans in Brazil has risen steadily since 2016, constituting about 18.6 percent of Brazil's 1.4 million refugee and migrant population as of October 2020. Past research finds that the...

As of 2019, more than 1.2 million Venezuelans have passed through Ecuador and over 400,000 settled in, which amounts to almost 3% of Ecuador's population. This paper analyzes the location choices of Venezuelan migrants within Ecuador and the labor market consequences of these choices, using data...

Ecuador has become the third largest receiver of the 4.3 million Venezuelans that left their country in the last five years, hosting around 10% of them. Little is known about the characteristics of these migrants and their labor market outcomes. This paper fills this gap, analyzing a new large...

Household consumption or income surveys do not typically cover refugee populations. In the rare cases where refuges are included, inconsistencies between different data sources could interfere with comparable poverty estimates. We test the performance of a recently developed cross-survey...

Using the 2021 and 2022 HFPS for Ecuador, the paper investigates the labor market trajectories of different socio-economic groups. The analysis shows that the employment of older individuals, less-educated workers, and women fell disproportionately. However, while the recovery between 2021 and...

In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...

In the context of the debate on the labour-market consequences of globalisation, we examine worker mobility in order to identify the wage differences between foreign and domestic firms. Using matched employer-employee panel data for Portugal, we consider virtually all spells of interfirm...