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The objective of this paper is to analyse the existence or not of a wage curve in Colombia, paying special attention to the differences between formal and informal workers, an issue that has been systematically ignored in the wage curve literature. The obtained results using microdata from the...
Persistent link: https://www.econbiz.de/10008517972
Using microdata from the 2002-2006 Colombian Continuous Household Survey, we find an elasticity of individual wages to local unemployment rates of - 0.07. However, the elasticity for informal workers is significantly higher, a result which is consistent with efficiency wage theoretical models...
Persistent link: https://www.econbiz.de/10008866896
The objective of this paper is to analyse the existence or not of a wage curve in Colombia, paying special attention to the differences between formal and informal workers, an issue that has been systematically ignored in the wage curve literature. The obtained results using microdata from the...
Persistent link: https://www.econbiz.de/10013155710
Due to ageing population and low birth rates, the European Union (EU) will need to import foreign labour in the next decades. In this context, the EU neighbouring countries (ENC) are the main countries of origin and transit of legal and illegal migration towards Europe. Their economic, cultural...
Persistent link: https://www.econbiz.de/10010329154
Persistent link: https://www.econbiz.de/10011307560
Persistent link: https://www.econbiz.de/10011307643
Available empirical evidence regarding the degree of symmetry between European economies in the context of Monetary Unification is not conclusive. This study offers new empirical evidence concerning this issue related to the manufacturing sector. Instead of using a static approach as most...
Persistent link: https://www.econbiz.de/10005505605
Persistent link: https://www.econbiz.de/10005539342
Persistent link: https://www.econbiz.de/10005539647
The objective of this paper is to analyze convergence in institutional, social, and macroeconomic conditions between EU member states. Our analysis covers the period 1995-2013 and considers the potential impact of the Great Recession. With this aim, we use a composite indicator that combines...
Persistent link: https://www.econbiz.de/10011120279