Economic Consequences of Mass Migration: The Venezuelan Exodus in Peru

Cynthia Boruchowicz (), Cesar Martinelli and Susan Parker ()
Additional contact information
Cynthia Boruchowicz: University of Maryland

No 1080, Working Papers from George Mason University, Interdisciplinary Center for Economic Science

Abstract: We study the effects of mass migration from Venezuela on Peruvian labor markets. In 4239–423:, about :92,222 Venezuelans migrated to Peru; about :6% settled in the Lima metropolitan area, where the percentage of Venezuelans in the working age population went from nil to over 32%. Migrants were more educated in average than the local labor force, and did nor face large cultural barriers. We propose a simple assignment model of the labor market, which suggests that migration will lead to a reallocation of local workers toward lower skill jobs. Using synthetic control methods, and comparing Lima with a group of other Peruvian cities, we find evidence of adjustment in occupational structure in the direction predicted by the model. Overall, market adjustment to a large shock in labor supply was strikingly smooth.

Pages: 58
Date: 2021-05
New Economics Papers: this item is included in nep-int, nep-lam, nep-mig and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.gmu.edu/schools/chss/economics/icesworkingpapers.gmu.edu/pdf/1080.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gms:wpaper:1080

Access Statistics for this paper

More papers in Working Papers from George Mason University, Interdisciplinary Center for Economic Science Contact information at EDIRC.
Bibliographic data for series maintained by Shams Bahabib ().