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Cambios estructurales de la demanda de trabajo en Colombia

Author

Listed:
  • Isaza Castro, JG
  • Meza Carvajalino, CA

Abstract

This paper exposes an analysis of the structural changes experienced by the demand of waged workers in Colombia during the 1990’s due to both, structural adjustment policies and the economic crisis that arose since 1998. The cointegration vectors’ methodology is deployed in order to obtain long-run demand elasticities with respect to changes in product and wages. The authors found evidence towards the hypothesis according to which labor demand became less elastic in relation to product variations, particularly, among less-skilled workers.

Suggested Citation

  • Isaza Castro, JG & Meza Carvajalino, CA, 2004. "Cambios estructurales de la demanda de trabajo en Colombia," Observatorio de la Economía Latinoamericana, Servicios Académicos Intercontinentales SL. Hasta 31/12/2022, issue 36, December.
    • Handle: RePEc:erv:observ:y:2004:36:iame
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    Keywords

    Colombia; labor demand;

    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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