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Peru is the second-largest recipient of Venezuelans worldwide. We combine newly available data on Venezuelans living in Peru and the Peruvian Household Survey to assess the impact of Venezuelan migration on natives’ wages and employment. The initial regression analysis exploits the variation...
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We use three general equilibrium frameworks with jobs and unemployed workers to study the effects of government mandated unemployment insurance (UI) and employment protection (EP). To illuminate the forces in these models, we study how UI and EP affect outcomes when there is higher 'turbulence'...
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for industry profitability. Although, high wages also appear to be associated with high labour skills and then with … amount of skilled labour. Given an underlying skills distribution, the model determines profits, wages and aggregate income … and welfare. Results show that high net wages due to a low skills endowment in the economy are typically associated with …
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