Echoes of the crises in Spain and US in the Colombian labor market: a differences-in-differences approach

Luis Arango Thomas, Dolores de la Mata and Nataly Obando ()

No 11837, Borradores de Economia from Banco de la Republica

Abstract: This paper presents evidence of the effect of the recent phases of the business cycle in Spain and United States, proxied by their respective unemployment rates, on the labor market of Colombian cities with high migration tradition. These countries are the main destination for labor Colombian migrants. Using information from the household survey between 2006 and 2011 for urban areas in Colombia and a differences-in-differences approach we find that unemployment rates of those countries negatively affect the probability and the amount of remittances received by Colombian households living in areas with high and moderate migration tradition. At a second stage we provide evidence that unemployment rates of those countries positively affect the labor force participation decisions in Colombian regions with the highest migration tradition.

Keywords: Migration; remittances; labor participation; Spanish and United States unemployment rates. (search for similar items in EconPapers)
JEL-codes: C21 J21 J22 (search for similar items in EconPapers)
Pages: 29
Date: 2014-06-24
New Economics Papers: this item is included in nep-lab and nep-lam
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Echoes of the crises in Spain and US in the Colombian labor market: a differences-in-differences approach (2015)
Working Paper: Echoes of the crises in Spain and US in the Colombian labor market: a differences-in-differences approach (2014)
Working Paper: Echoes of the crises in Spain and US in the Colombian labor market: a differences-in-differences approach (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:col:000094:011837

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