Este artículo estudia el impacto de los aumentos en los costos no salariales y el salario mínimo sobre los salarios en los sectores formal e informal en Colombia durante el periodo 1988 a 2006. La estrategia de identificación incluye variación de los costos no salariales en el tiempo; y...

Informality is at the center of the economic debate in Colombia, fueled by the high level prevalent in the country and its substantial increase during the 1990s. We study the effect of labor market rigidities, namely the increase in non-wage costs and the minimum wage on the size of the informal...

This paper aims to evidence how relatively marginal changes in the Panel Study of Income Dynamics survey, particularly on the measurement of returns to entrepreneurship - both financial and human capital - can yield sizeable benefits for research and policy on entrepreneurship. Accurate...

We characterize entrepreneurship in developing economies through a case study for Colombia. We document self-employment and business ownership since the 1980s; while the relative size of these groups within the labor force is stable across time, they differ significantly in important observable...

Colombia has experienced a secular increase in the labor participation of urban women, going from nearly 47% in 1984 to 65% in 2006. We decompose the evolution of participation into changes in the composition of the population and changes in the participation rates by groups (defined according...