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The formality status of a job is the most widely used indicator of job quality in developing countries. However, a number of studies argue that, at least for some workers, the informality status may be driven by choice rather than exclusion. This paper uses job satisfaction data from three...
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Applying the methodology developed in Ñopo (2004), this paper analyzes the evolution of the gender wage gap in Peru from 1986 to 2000. This methodology has two advantages. First, it recognizes that the supports of observable characteristics distributions differ substantially. Second, it...
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After decades of trial, error, and occasional regress, the pieces of a successful Latin American economic model can be seen scattered among the leading economies of the region. The most traditional macroeconomic maladies of the emerging world, such as chronic fiscal imbalances and monetary...
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Inflation can grease the wheels of the labor market by relaxing downward wage rigidity but it can also increase … interaction between inflation and labor market regulations affects how employment responds to changes in output. The results show … that in industrial countries with highly regulated labor markets, the grease effect of inflation dominates the sand effect …
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This paper explores the links between labor formality, access to credit and firm performance in Colombia using Annual … informality. The results suggest that a 10 percent increase in the ratio of credit to sectoral output increases labor formality … reports a strong correlation between labor formality and firm performance measured as output and employment growth. A one …
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due to differences in individual outcomes like education, health, labor situation and housing quality. …
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