Downward wage rigidities and other firms? responses to an economic slowdown: evidence from a survey of colombian firms

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Borradores de Economía; No. 612
Date published
2010-07-08
Date of last update
2010-07-08
Author
Iregui-Bohórquez, Ana María
Melo-Becerra, Ligia Alba
Ramírez-Giraldo, María Teresa
Document language
spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
Abstract
This paper uses a wage setting survey of 1,305 Colombian firms to explore the nature and sources of wage rigidities. This is the first study of a non-European emerging economy that uses evidence from a survey of firms to analyse this topic. The survey was
JEL Codes
J30 - Wages, Compensation, and Labor Costs: GeneralJ50 - Labor-Management Relations, Trade Unions, and Collective Bargaining: GeneralC25 - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Keywords
Wage rigidities ; Survey evidence ; Efficiency wages ; Colombia ; Labour market ; Ordered logit ;
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5629
https://hdl.handle.net/20.500.12134/5629
https://doi.org/10.32468/be.612
https://ideas.repec.org/p/bdr/borrec/612.html
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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit