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Subempleo por ingresos y funcionamiento del mercado de trabajo en Colombia

Bibliographic Data

ID6166713
AuthorsLuis Eduardo Arango-Thomas (0000-0003-0260-5997, Banco de la República Colombia), Luis Eduardo Arango, Diana Carolina Escobar (Ministerio de Hacienda y Función Pública), Emma Monsalve (Inter-American Development Bank), Emma Mercedes Monsalve
Year2013
Issue72
Pages157-203
Publication date2013-08-01
Open AccessYes
TypeARTICLE
VenueRevista Desarrollo y Sociedad (JOURNAL)
Journal identifiersISSN: 0120-3584 • E-ISSN: 1900-7760
PublisherUniversidad de los Andes (PUBLISHER • VE)
DOI10.13043/dys.72.4
OpenAlexW2078929201
LanguageES
References cited4

The labor market in Colombia performs better than suggested by the high underemployment rate which is tantamount to “low quality employment”. Given the wage gap among those that complain about their wages and those that do not, the effective underemployment rate in Colombia should be much lower than that reported by official statistics according to which a fourth part of the labor force is income-related underemployed. To arrive to this conclusion, the wages of private salaried workers and public servants were estimated for both income-related underemployed for and not underemployed at all. The wage gap was estimated by means of the Mincer equation, the Blinder-Oaxaca decomposition and the approach of Ñopo (2008). The results show a wage gap between 40% and 44% but the unexplained component is much smaller (between 36% and 40% of it). Although some underemployed might have reasons to be regarded as such, we provide evidence in the sense that the higher portion of the gap is explained by human capital variables and other controls. The differential is more neatly observed in the higher part of the wage distribution (the higher the age and schooling, the higher the unexplained component of it) and in the sectors of mines, transport and building

Humanities · Political science · Education and Labor Relations · Employment, Labor, and Gender Studies · Labor market dynamics and wage inequality · Philosophy

  • Male-Female Wage Differentials in Urban Labor Markets

    Ronald L Oaxaca, Ronald Oaxaca•International Economic Review•1973

  • Sample Selection Bias as a Specification Error

    James J Heckman•Econometrica•1979

  • Cambios en los retornos de la educación en Bogotá entre 1997 y 2003

    Open Access•Nohora Forero, Nohora Y Forero et al.•Lecturas de Economía•2009

  • Job Accessibility and Underemployment

    Sanford H Bederman, John S Adams•Annals of the Association of…•1974

Highly citedNo

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