I estimate the effect of the Venezuelan exodus on the Colombian labor market. The economic and social crisis in Venezuela triggered one of the most important migratory exoduses in recent decades: more than 4 million Venezuelans left their country and close to 1.8 million arrived in Colombia. I...

Purpose - This paper analyses the possibility of Latin America's (LA) major economies adopting dollarization, considering that in the last decade macroeconomic instability has once again challenged the ability of certain economies to properly manage their own currency....

Este trabajo tiene como objetivo estimar, analizar y comparar el comportamiento de los flujos de entrada y salida, y las probabilidades de transición instantáneas entre inactividad, desocupación y ocupación por grupos de edad (15-24 años, 25-44 años, 45-64 años y más de 65 años) en...

Policy responses to COVID-19 affected the dynamic of economic growth and labor markets worldwide, hitting economically harder on developing countries. These policies involved economic lockdowns that included the shutdown of the main statistical exercises, making it almost impossible to assess...

In this paper, the time-frequency dependency of political risk as well as economic and financial risks is explored in Venezuela using quarterly data from 1984Q1 to 2018Q4. The present study uses the wavelet coherence technique, which allows the investigation of both the long and short-term...

Purpose – Three broad behavioral categories have been related to organizational goals: task (in‐role), citizenship (extra‐role), and counterproductive behaviors. Because most studies modeling these behaviors have been conducted in culturally similar contexts (individualistic and relatively...

Reports on a survey of 980 Chinese, 964 Venezuelan and 1,878 US managers, professionals and business students, to examine cross‐national differences in individualism‐collectivism, masculinity‐femininity, uncertainty avoidance, power distance, and paternalism. Provides a brief overview of...

Venezuela ranks fifth in the world in oil proven reserves and has the largest accumulation of liquid fuel in the world. With its importance as an oil country, many countries including the U.S. have expressed concerns about Venezuela’s current economic and political situation. Using the popular...

Conventional wisdom in the oil world is that the issue in the future will not be a lack of demand but a scarcity of oil. But this view is challenged by less conventional trends that allow us to propose an alternative scenario in which demand for oil in the near future falls dramatically with the...

Examines the general macroeconomic crisis of the Venezuelan economy outlining its recent history and the seriousness of the present situation and points out how this crisis is especially serious for small firms. Presents information on the current state of small firms in Venezuela ‐ their...