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An estimation of the wage curve for Uruguay

Author

Listed:
  • Marisa Carla Bucheli Anaya
  • Cecilia González Rodríguez-Villamil
Abstract
La existencia de la relación empírica entre salario y desempleo en Uruguay, se analizada en este trabajo. Se estiman varios modelos para el período 1986-2005 utilizando dos aproximaciones para medir el salario. Se obtiene una elasticidad de -0,09 entre desempleo y salarios. La elasticidad es mayor para los jóvenes, las mujeres y los menos educados. Los resultados indican que la elasticidad crece ante choques macroeconómicos adversos. Además, al desagregar por ocupación o formalidad e informalidad, los resultados sugieren que un aumento del desempleo produce un aumento de la informalidad y del cuentapropismo que lleva a una caída de los ingresos en estos sectores, que actúan como amortiguador"."

Suggested Citation

  • Marisa Carla Bucheli Anaya & Cecilia González Rodríguez-Villamil, 2012. "An estimation of the wage curve for Uruguay," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, June.
    • Handle: RePEc:col:000093:009958
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    References listed on IDEAS

    as
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    Cited by:

    1. Dennis Becker, 2018. "Heterogeneous firms and informality: the effects of trade liberalization on labour markets," Oxford Economic Papers, Oxford University Press, vol. 70(1), pages 47-72.
    2. Badi H. Baltagi & Bartlomiej Rokicki & Kênia Barreiro Souza, 2017. "The Brazilian wage curve: new evidence from the National Household Survey," Empirical Economics, Springer, vol. 53(1), pages 267-286, August.
    3. Carmen Estrades & Cecilia Llambí, 2013. "Lessons from the 2008 Financial Crisis: Policy Responses to External Shocks in Uruguay," The Developing Economies, Institute of Developing Economies, vol. 51(3), pages 233-259, September.
    4. Inés Terra & Marisa Bucheli & Carmen Estrades, 2007. "Trade Openness and Gender in Uruguay: a CGE Analysis," Documentos de Trabajo (working papers) 2407, Department of Economics - dECON.
    5. Taiwo Aderemi, 2015. "Does the wage curve exist in Nigeria? Evidence from a disaggregated labour market," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 17(2), pages 184-199, October.
    6. Cecilia Llambi & Silvia Laens & Marcelo Perera & Mery Ferrando, 2011. "Assessing the Impact of the 2007 Tax Reform on Povert and Inequality in Uruguay," Working Papers PMMA 2011-14, PEP-PMMA.
    7. Becker, Dennis, 2014. "Heterogeneous Firms and Informality: The Effects of Trade Liberalization on Labor Markets," Working Papers 180124, Cornell University, Department of Applied Economics and Management.
    8. Ramos, Raul & Duque, Juan C. & Surinach, Jordi, 2010. "Is the wage curve formal or informal? Evidence for Colombia," Economics Letters, Elsevier, vol. 109(2), pages 63-65, November.
    9. Carmen Estrades & Cecilia Llambi, 2011. "Assessing the Impact of the Global Financial and Economic Crisis in Developing Countries: the Case of Uruguay," Working Papers MPIA 2011-16, PEP-MPIA.

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    More about this item

    Keywords

    desempleo; curva de salario; formalidad; informalidad; Uruguay.;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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