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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...
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.
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 () ...
DEPARTAMENTO DE ESTADÍSTICA, ESTRUCTURA ECONÓMICA Y OEI Plaza de la Victoria, 2 28802 Alcalá de Henares (Madrid) Teléfono: 91 885 42 01 http://www.uah.es/centros_departamentos /departamentos ... Juan Muro, Cristina Suárez y María del Mar... more
DEPARTAMENTO DE ESTADÍSTICA, ESTRUCTURA ECONÓMICA Y OEI Plaza de la Victoria, 2 28802 Alcalá de Henares (Madrid) Teléfono: 91 885 42 01 http://www.uah.es/centros_departamentos /departamentos ... Juan Muro, Cristina Suárez y María del Mar ... DEPARTAMENTO DE ...
We outline a fairly simple method to obtain in Stata Murphy–Topel- corrected variances for a two-step estimation of a heckprobit model with endo- geneity in the main equation. The procedure uses predict’s score option and the powerful... more
We outline a fairly simple method to obtain in Stata Murphy–Topel- corrected variances for a two-step estimation of a heckprobit model with endo- geneity in the main equation. The procedure uses predict’s score option and the powerful matrix tool accum in Stata and builds on previous works by Hardin (2002, Stata Journal 2: 253–266) and Hole (2006, Stata Journal 6: 521–529). Copyright 2010 by StataCorp LP.
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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. ...
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 ...