Am 28. Juli 2024 finden in Venezuela Präsidentschaftswahlen statt, bei denen sich der seit 2013 regierende Staatschef Nicolás Maduro im Amt bestätigen lassen möchte. Mit María Corina Machado ist ihm eine Gegenkandidatin erwachsen, die zwar die Massen mobilisiert, aber nicht antreten darf....

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...

In this paper we analyze the impact of Venezuelan migration on the female labor supply in Colombia. Using a instrumental variable approach we found significant drops in the female labor supply, mainly on those women with lower qualifications. In contrast, we observe significant increases for...

This paper studies the impact of a massive skilled labor supply shock on Colombian manufacturing firms' exports, the Venezuelan exodus. We exploit cross-sectional and time variability of Venezuelan forced migrants' settlements in Colombian sub-national areas through an enclave instrumental...

Many of Venezuelan President Hugo Chávez's appearances on the world stage can rightly be called provocations. His verbal radicalism and regular threats to cease supplying oil to the United States make international headlines. But his rhetorical gestures cannot be dismissed as the megalomania of...

This study provides insight into sustainability challenges in Venezuela by exploring the causal interactions between oil price, energy consumption and carbon dioxide (CO2) emissions in Venezuela. Economic growth, government consumption expenditure and trade openness are included as additional...

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...