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Estudios de economía
versión On-line ISSN 0718-5286
Resumen
NOGALES, Ricardo; CORDOVA, Pamela y URQUIDI, Manuel. On the relationship between labor market policies and outcomes in Bolivia: A search and matching approach. Estudios de Economía [online]. 2019, vol.46, n.1, pp.61-87. ISSN 0718-5286. http://dx.doi.org/10.4067/S0718-52862019000100061.
In this paper we assess the relationship between labor policies and market outcomes in Bolivia, accounting for a large informal sector mostly comprised of self-employed entrepreneurs. We calibrate a job search and matching model to reproduce labor market features in 2013, a period in which important labor policy changes were simultaneously active for the first time. We focus on some effects of three specific policies namely a 14th salary, minimum wage increases and contributions to a ‘solidary pension fund’ on the sorting of workers between unemployment, formal and informal employment, as well as on the formal wage schedule.
Palabras clave : Labor markets; matching models; informality; labor policies; JEL Classification: J08, J38, J46.