Is the wage curve formal or informal? Evidence for Colombia

C-Tier
Journal: Economics Letters
Year: 2010
Volume: 109
Issue: 2
Pages: 63-65

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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 and relevant for regional labour market analysis in developing countries.

Technical Details

RePEc Handle
repec:eee:ecolet:v:109:y:2010:i:2:p:63-65
Journal Field
General
Author Count
3
Added to Database
2026-01-25