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La elasticidad de oferta laboral de Frisch en economías con alta movilidad laboral

Author

Listed:
  • Céspedes, Nikita

    (Banco Central de Reserva del Perú)

  • Rendón, Silvio

    (Economics Department at Stony Brook University)

Abstract

En este documento estimamos la elasticidad de oferta laboral de Frisch en un mercado laboral con significativa movilidad laboral. Lo hacemos usando el estimador de efectos fijos de MaCurdy(1981) con corrección por sesgo de selección a-la-Heckman. La pendiente de oferta laboral queda identificada utilizando variables instrumentales relacionadas con los cambios a lo largo del tiempo de los rendimientos a la educación y con la experiencia, y considerando al tamaño de la empresa como una variable cercana a la demanda de trabajo. Utilizando datos del módulo panel de la Encuesta Permanente de Empleo en Lima Metropolitana hallamos que la elasticidad de Frisch es aproximadamente 0.38, valor que se relaciona con un mercado laboral donde los salarios son relativamente flexibles. Asimismo, esta elasticidad resulta creciente durante la década del 2000.

Suggested Citation

  • Céspedes, Nikita & Rendón, Silvio, 2012. "La elasticidad de oferta laboral de Frisch en economías con alta movilidad laboral," Working Papers 2012-017, Banco Central de Reserva del Perú.
  • Handle: RePEc:rbp:wpaper:2012-017
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    File URL: http://www.bcrp.gob.pe/docs/Publicaciones/Documentos-de-Trabajo/2012/documento-de-trabajo-17-2012.pdf
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    References listed on IDEAS

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    2. Céspedes, Nikita & Sánchez, Alan, 2013. "Minimum Wage and Job Mobility," Working Papers 2013-012, Banco Central de Reserva del Perú.
    3. Kremer, M & Maskin, E, 1996. "Wage Inequality and Segregation by Skill," Working papers 96-23, Massachusetts Institute of Technology (MIT), Department of Economics.
    4. Yongsung Chang & Sun-Bin Kim, 2006. "From Individual To Aggregate Labor Supply: A Quantitative Analysis Based On A Heterogeneous Agent Macroeconomy ," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(1), pages 1-27, February.
    5. Blundell, Richard & Macurdy, Thomas, 1999. "Labor supply: A review of alternative approaches," Handbook of Labor Economics,in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 27, pages 1559-1695 Elsevier.
    6. MaCurdy, Thomas E, 1981. "An Empirical Model of Labor Supply in a Life-Cycle Setting," Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1059-1085, December.
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    11. Céspedes, Nikita, 2011. "Tendencia de las horas de trabajo en el mercado laboral peruano," Revista Moneda, Banco Central de Reserva del Perú, issue 149, pages 13-17.
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    Cited by:

    1. Debora Reyna & Nikita Céspedes, 2016. "La oferta laboral en Perú," Working Papers 2016-84, Peruvian Economic Association.

    More about this item

    Keywords

    Oferta laboral; Elasticidad Frisch; Horas de trabajo; movilidad laboral;

    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
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

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