Munich Personal RePEc Archive

Determinantes de la dinámica en salarios

valdivia coria, joab dan and Valdivia Coria, Daney (2019): Determinantes de la dinámica en salarios.

This is the latest version of this item.

[img]
Preview
PDF
MPRA_paper_105203.pdf

Download (2MB) | Preview

Abstract

Marginal labor productivity (wages) and evolution over time is a relevant macroeconomic indicator. Its determinants from a structural point of view and empirical evidence by time series indicate that sustained economic growth generates favorable conditions for the labor market, positively impacting wages. On the other hand, the Herfindahl and Hirschman Index (HHI) shows that the greater the concentration of Bolivia's industrial gross domestic product, the more negative the effect on the evolution of wages. Finally, as the literature indicates, if the Human Development Index (HDI) is higher, the population has a greater probability of accessing the formal labor market, which is why wages are higher. The empirical contrast of the research was done by a model of Auto-regressive Vectors (VAR) and a Markov Switching regression due to the behavior of the wage index.

Available Versions of this Item

Logo of the University Library LMU Munich
MPRA is a RePEc service hosted by
the University Library LMU Munich in Germany.