Juan de Dios Muro Romero
Universidad de Alcala, Departamento de Economía, Faculty Member
- Professor emeritus, Unuversidad de Alcalá, Españaedit
Research Interests: Economics, Colombia, Labour Economics, Panel Data, Social Science Research Network, and 15 moreInformal Sector, Sample Selection Bias, Labour Force Participation, Labor Market, Minimum Wage, Informality, Instrumental Variable, Probit, Mercado De Trabajo, Labor Force Participation, Panel Survey, Minimum Wages, Probit Model, Salario Mínimo, and Substitution Effect
Several years ago, many articles showed that the relationship between wage increases and unemployment rise is not clear in the USA. This USA evidence was important to determine the recommendation of Stiglitz that a 22% increase of the... more
Several years ago, many articles showed that the relationship between wage increases and unemployment rise is not clear in the USA. This USA evidence was important to determine the recommendation of Stiglitz that a 22% increase of the minimum wage in Spain will not reduce the employment in 2018. To our view, the USA evidence is insufficient to consider that this advice can be extended to all countries. Differences in regulations, institutions and welfare systems –mainly unemployment insurance-, among others, may produce around the world different results to the expected outcome in the USA that an increase of the real wages does not provoke an unemployment rise. Colombia as a developing country, with institutions that differ in design and practice from those of the USA, could be a good testing example. In this paper, we analyse the effect of a rise in wages on the demand for employment using Colombian data. Our meta-analysis shows that a 1% real wage increment causes an 0,11% employm...
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This paper discusses the existence of diploma earnings differences by gender in Colombia with a model of sheepskin effects based on pseudo panel data for the period 1996-2000. Our results show a significant and distinctive effect of high... more
This paper discusses the existence of diploma earnings differences by gender in Colombia with a model of sheepskin effects based on pseudo panel data for the period 1996-2000. Our results show a significant and distinctive effect of high school and university degrees among men and women. Thus, additional earnings associated with a high school degree are higher for women than for men, while additional earnings associated with a university degree are higher for men compared to women in Colombia in the period under consideration.
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A Cohort-Based Analysis of the Influence of Minimum Wage Levels on the Labor Force Participation in the Informal Sector. Author info | Abstract | Publisher info | Download info | Related research | Statistics. Author Info. Jhon James Mora... more
A Cohort-Based Analysis of the Influence of Minimum Wage Levels on the Labor Force Participation in the Informal Sector. Author info | Abstract | Publisher info | Download info | Related research | Statistics. Author Info. Jhon James Mora Rodriguez () Juan Muro Romero () ...
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Research Interests:
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If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note... more
If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. ...
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The authors are thankful for the highly constructive comments provided by three anonymous referees and participants at the International Symposium on Economic Theory, Policy and Applications held in Athens (2007). Jhon James Mora... more
The authors are thankful for the highly constructive comments provided by three anonymous referees and participants at the International Symposium on Economic Theory, Policy and Applications held in Athens (2007). Jhon James Mora acknowledges the financing provided by Icesi ...