Wage adjustment practices and the link between price and wages: survey evidence from colombian firms

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Borradores de Economía; No. 660
Date published
2011-06-20
Date of last update
2011-06-20
Author
Iregui-Bohórquez, Ana María
Melo-Becerra, Ligia Alba
Ramírez-Giraldo, María Teresa
Document language
spa
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Abstract
The aim of this paper is to explore firms wage adjustment practices in the Colombian formal labor market; specifically, the timing and frequency of wage increases, as well as the link between wage and price changes. To this end, we use an ad hoc survey of
JEL Codes
D22 - Firm Behavior: Empirical AnalysisC25 - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; ProbabilitiesJ30 - Wages, Compensation, and Labor Costs: General
Keywords
Wage increases ; Labor market ; Survey evidence ; Logit models ; Colombia ;
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5677
https://hdl.handle.net/20.500.12134/5677
https://doi.org/10.32468/be.660
https://ideas.repec.org/p/bdr/borrec/660.html
https://ideas.repec.org/p/col/000094/008753.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