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Los salarios reales a lo largo del ciclo económico en Colombia

Author

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  • Luis Eduardo Arango
  • Nataly Obando
  • Carlos Esteban Posada

Abstract

Utilizando encuestas de hogares (DANE) del período 1984 – 2010 presentamos evidencia empírica de que los salarios reales son flexibles en algunos sectores económicos, grupos poblacionales y coberturas geográficas, mientras que en otros sectores, grupos y coberturas la evidencia sugiere que los salarios reales son rígidos. Con todo, la evidencia también indica que el comportamiento de los salarios reales a lo largo del ciclo económico es, en términos generales, flexible. Esta investigación propone la existencia de una equivalencia observacional entre un mercado laboral con rigideces y uno con salarios flexibles en el que los choques a la oferta de trabajo reducen la prociclicidad de los salarios. La evidencia se interpreta con un modelo de equilibrio general con salarios flexibles sometido a choques aleatorios de productividad y choques al salario de reserva (remesas del exterior). Del contraste entre las predicciones del modelo y la evidencia colombiana se deduce que no es posible rechazar la hipótesis de un salario real flexible en Colombia; en particular, la baja correlación entre los salarios reales y el empleo que se observa en la economía colombiana es similar a la predicha por el modelo

Suggested Citation

  • Luis Eduardo Arango & Nataly Obando & Carlos Esteban Posada, 2011. "Los salarios reales a lo largo del ciclo económico en Colombia," Borradores de Economia 666, Banco de la Republica de Colombia.
  • Handle: RePEc:bdr:borrec:666
    DOI: 10.32468/be.666
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    Cited by:

    1. Andrés González & Sergio Ocampo & Diego Rodríguez & Norberto Rodríguez, 2012. "Asimetrías del empleo y el producto, una aproximación de equilibrio general," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 30(68), pages 218-272, June.
    2. Ignacio Lozano-Espitia & Fernando Arias-Rodríguez & Jesus Bejarano & Andres Gonzalez & Clark Granger-Castaño & Franz Hamann & Yurany Hernández-Turca & Juan Manuel Julio-Román & Martha López & Juan C. , 2019. "La política fiscal y la estabilización macroeconómica en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, issue 90, pages 1-60, April.
    3. José Aixalá & Carmen Pelet, 2014. "Salarios reales, desempleo y productividad en Espana," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, August.
    4. Gustavo Canavire-Bacarreza & Luis C. Carvajal-Osorio, 2020. "Two Stories of Wage Dynamics in Latin America: Different Policies, Different Outcomes," Journal of Labor Research, Springer, vol. 41(1), pages 128-168, June.
    5. Martha Elena Delgado-Rojas & Hernán Rincón-Castro, 2017. "Incertidumbre acerca de la política fiscal y ciclo económico," Borradores de Economia 1008, Banco de la Republica de Colombia.
    6. Carlos Esteban Posada P., 2013. "Los efectos macroeconómicos de la política fiscal y del cambio técnico: predicciones de un modelo de equilibrio general dinámico," Documentos CEDE 11459, Universidad de los Andes, Facultad de Economía, CEDE.

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    More about this item

    Keywords

    Ciclo económico; salario flexible; remesas; trabajo indivisible.;
    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
    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General

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