Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/129296 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
Development Research Working Paper Series No. 08/2015
Verlag: 
Institute for Advanced Development Studies (INESAD), La Paz
Zusammenfassung: 
This paper analyzes the effects of economic growth on labor earnings in Bolivia during 1999-2012. More precisely, we develop a labor market model to capture both cycle and trend effects of prices, and production on earnings, which is estimated econometrically using pseudo-panel data methods. The results show that labor earnings have had a pro-cyclical behavior. In particular, we find that, in the short run, an increase of 1% in prices or production explains an earnings rise of around 0.5%, while, in the long run, a production increase of 1% is associated with an earnings variation of 0.4%. Furthermore, we find that labor earnings growth by sector follows, to some extent, the economic performance of its corresponding sector, which responds to the sector segmentation characteristics in the Bolivian labor market.
Schlagwörter: 
Bolivia
earnings
wages
economic growth
business cycle
pseudo-panel
JEL: 
E29
E32
J29
J39
J42
Dokumentart: 
Working Paper

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