Labor costs, labor informality and income distribution in Colombia and Chile, 1984-2009

Date

2011

Journal Title

Journal ISSN

Volume Title

Publisher

Universidad de los Andes, Bogotá, CO

Abstract

Labor law and regulation can act as both a mechanism to protect workers and as a barrier impeding creation of formal jobs. Differences in labor outcomes between Colombia and Chile include the size of the workplace and earning gaps: in Chile a greater proportion of the labor force works in large firms while in Colombia the trend is opposite; in Chile the earnings gap has remained more or less constant, while in Colombia it has broadened. The aim of this paper is to determine the role of labor costs on informality rates, size of the workplace, and distribution of labor earnings.

Description

Includes an abstract in Spanish

Keywords

LABOUR COSTS REGULATIONS, LABOUR INFORMALITY, MINIMUM WAGE AND SIZE OF WORKPLACE, CHILE, COLOMBIA, LATIN AMERICA AND THE CARIBBEAN, SOUTH AMERICA, LABOUR MARKET, LABOUR POLICY, LABOUR LAW, LABOUR LEGISLATION, ECONOMIC IMPLICATIONS, INCOME DISTRIBUTION, LOW INCOME GROUPS, LABOUR COSTS, INFORMAL SECTOR, MINIMUM WAGE, LATIN AMERICA, CARIBBEAN

Citation

DOI