Economic literature about determinants of labor income has evolved around its theoretical and methodological foundations and more sophisticated and accurate empirical estimations emerged. Colombian literature, though prolific, lacks on rigor. In order to exemplify the effects of this inattention...

In order to present an estimation of the Internal Rate of Return (IRR) to higher education in Colombia we take advantage of the methodological approach provided by Heckman, Lochner and Todd (2005). Trying to overcome the criticism that surrounds interpretations of the education coefficient of...

Los resultados de la inserción económica de migrantes recientes y de desplazados forzados en el mercado laboral de las 10 principales ciudades de Colombia se analizan utilizando datos de la Encuesta Continua de Hogares. Adaptamos el marco teórico de selección del migrante internacional de...

On June 2000 the Colombian National Department of Statistics (DANE) adopted a new definition to measure unemployment following standards suggested by the International Labour Organisation (ILO). The change of definition implied a reduction of the unemployment rate of about two percentual points....

The purpose of this document is to present a survey of the main theoretical frameworks that deal with the subject of labour discrimination, along with a pedagogical description of the different . A particular chapter is devoted to present the consequences of discrimination for youth of some...

Despite of important theoretical and practical criticism, estimations of the Natural Rate of Unemployment for Colombia have been suggested as a base for possible active labor market decitions. This document contributes to this discussion with surveys on the subject in two different but...

Working on data of 1241 incumbent firms of the Colombian manufacturing industry this paper tests the hypothesis proposed in models relating turnover and efficiency wage theory. We find evidence of a substantial number of firms paying wages above the industry average and its effect on turn over...

La decisión de los individuos acerca del ahorro para el retiro ha sido abordada teóricamente bajo la hipótesis de que el sistema de seguridad social se comporta como un sustituto de otros mecanismos de ahorro. Este documento presenta evidencia de los determinantes y patrones de ahorro para el...