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Precio del carbón y dinámica laboral en Valledupar

Author

Listed:
  • Luis E. Arango

    (Banco de la República de Colombia)

  • Luz A. Flórez

    (Banco de la República de Colombia)

  • María A. Olarte-Delgado

    (Banco de la República de Colombia)

Abstract

Se realiza una descripción del mercado laboral en Valledupar en el periodo 2007-2017 encontrando que, a partir de la caída de los precios del carbón desde 2014, este se deterioró de manera significativa, reflejándose en una mayor tasa de desempleo especialmente de los más educados, las mujeres y los jóvenes. Los resultados econométricos, utilizando datos mensuales hasta 2016, confirman que los cambios en los precios del carbón tienen un efecto positivo en la participación laboral y en los salarios reales. Adicionalmente, se encuentra que los retornos a la educación superior en Valledupar son menores respecto de otras ciudades del país, especialmente para los universitarios, a pesar del proceso de convergencia en la composición de la fuerza laboral educada. **** ABSTRACT: In this paper, we present a description of the labour market in Valledupar for the period 2007-2017. We find that after the fall of coal prices, the labour market has presented a significant deterioration, reflected in the increase of unemployment rate, especially for the most educated, women and youth. The econometric results, by using monthly data up to 2016, confirm that changes in coal prices have a positive and significant effect in labour participation and real wages. Moreover, we find that the return of higher education in Valledupar is lower compared to the rest of cities in Colombia, even when taking into account the convergence process of the composition of educated labour force.

Suggested Citation

  • Luis E. Arango & Luz A. Flórez & María A. Olarte-Delgado, 2018. "Precio del carbón y dinámica laboral en Valledupar," Documentos de trabajo sobre Economía Regional y Urbana 271, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:region:271
    DOI: 10.32468/dtseru.271
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    Cited by:

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    2. Andrea Otero-Cortés & Fernando Herrera & Juan Manuel Monroy, 2019. "Análisis de la Pobreza y Condiciones de Vida en Valledupar," Documentos de trabajo sobre Economía Regional y Urbana 278, Banco de la Republica de Colombia.

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    More about this item

    Keywords

    Valledupar; desempleo; ocupación; participación laboral; retornos a la educación; unemployment; occupation; labour participation; returns to education.;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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