An estimation of the wage curve for Uruguay

Marisa Bucheli and Cecilia González ()
Additional contact information
Cecilia González: Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República

No 1107, Documentos de Trabajo (working papers) from Department of Economics - dECON

Abstract: This paper analyzes the existence of a wage curve in Uruguay. We run several models using data for the period 1986-2005. We use two different proxies of the wage and we estimate both microdata and cell-mean regressions. Besides, we run the model for the whole sample and for groups of individuals disaggregated by level of education, gender, age and occupation. The results are consistent with the range of values found in similar studies for other countries. We find a negative relation between unemployment and wages. Specifically, we obtain an elasticity of -0.09. We find a higher elasticity for the youth, women and less educated workers. We also obtain difference results when disaggregating by occupation and formality. The results suggest that an increase of unemployment pushes up informality and self-employment which lead to a depression of earnings in these sectors. Thus, informality and self-employment would act as a buffer for unemployed formal wage earners.

Keywords: wage curve; unemployment (search for similar items in EconPapers)
JEL-codes: J30 J31 J60 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2007-10
New Economics Papers: this item is included in nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://hdl.handle.net/20.500.12008/2078 (application/pdf)

Related works:
Journal Article: An estimation of the wage curve for Uruguay (2012)
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:ude:wpaper:1107

Access Statistics for this paper

More papers in Documentos de Trabajo (working papers) from Department of Economics - dECON Contact information at EDIRC.
Bibliographic data for series maintained by Andrea Doneschi () and ().