Living with the neighbors: The effect of Venezuelan forced migration on the labor market in Colombia

Artikel

I estimate the effect of the Venezuelan exodus on the Colombian labor market. The economic and social crisis in Venezuela triggered one of the most important migratory exoduses in recent decades: more than 4 million Venezuelans left their country and close to 1.8 million arrived in Colombia. I show that an increase in 1 p.p of labor supply due the migratory flow caused a decline in hourly wages in Colombia of 0.4% and a negative effect of 0.1 p.p. on the employment rate of low-skilled workers. The drop in wages was greater for men, low-skilled and informal workers.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Journal for Labour Market Research ; ISSN: 2510-5027 ; Volume: 56 ; Year: 2022 ; Issue: 1 ; Pages: 1-32

Classification and Topics

• Classification: Wirtschaft ; International Migration ; Wage Level and Structure; Wage Differentials ; Geographic Labor Mobility; Immigrant Workers
• Subject: Colombia ; Migration ; Venezuela ; Wages

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Peñaloza-Pacheco, Leonardo
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2022

Further information

• DOI: doi:10.1186/s12651-022-00318-3
• Handle: http://hdl.handle.net/10419/271307
• Last update: 10.03.2025, 11:45 AM CET