Social Sciences
4 years ago

Wage gaps in Colombian sectors reveal stark disparities in income distribution.

Wage differentials across economic sectors in the colombian formal labour market: evidence from a survey of firms
Ana María Iregui-Bohórquez, Ligia Alba Melo-Becerra, María Teresa Ramírez-Giraldo

Paper Summary

Related papers

Business, Management and Accounting
7 years ago

Stabilization policies crucial for well-being, downturns disproportionately harm vulnerable groups.

Retirement Planning
Monetary Models
Macroeconomic Analysis
2 views
Economics, Econometrics and Finance
8 years ago

Unemployment could drive down wages and fuel inflation

Macroeconomic Trends
Monetary Models
Macroeconomic Analysis
2 views
Economics, Econometrics and Finance
8 years ago

Nixon's Wage and Price Controls Backfired, Worsening Inflation and Economic Conditions

Macroeconomic Analysis
Macroeconomic Trends
Infrastructure Impact
1 view

Wage differences between different job sectors in Colombia were studied using data from over 1,300 firms. The research showed that wages vary significantly across sectors and job types. Jobs in electricity, finance, and manufacturing tend to have higher wages, while agriculture and fishing jobs have lower wages. Managers and professionals have more wage differences compared to lower-skilled workers. Firm characteristics play a big role in explaining these wage differences.