Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market:
Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. Income dispersion largely originates from the labour market, which is characterised by a still high unemployment rate, a pervasive informal sector and a wide wage dispersion reflecting...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2013
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1036 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. Income dispersion largely originates from the labour market, which is characterised by a still high unemployment rate, a pervasive informal sector and a wide wage dispersion reflecting a large education premium for those with higher education. Reducing income inequality is a key government objective and this requires improving the performance of the labour market. Raising educational outcomes for all and enhancing training programmes would help improve labour supply and productivity. Formal job creation however remains heavily constrained by restrictive labour market regulations, in particular very substantial non-wage labour costs and a minimum wage which is high compared to average incomes. The 2012 tax reform reduces non-wage labour costs but more decisive steps are needed to create the right conditions and incentives to boost formal employment. |
| Beschreibung: | 1 Online-Ressource (29 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5k487n74s1f1-en |
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| spelling | Joumard, Isabelle VerfasserIn aut Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market Isabelle, Joumard and Juliana, Londoño Vélez = Inégalités de revenu et pauvreté en Colombie - Partie 1. Le role du marché de travail / Isabelle, Joumard et Juliana, Londoño Vélez Inégalités de revenu et pauvreté en Colombie - Partie 1. Le role du marché de travail Paris OECD Publishing 2013 1 Online-Ressource (29 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1036 Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. Income dispersion largely originates from the labour market, which is characterised by a still high unemployment rate, a pervasive informal sector and a wide wage dispersion reflecting a large education premium for those with higher education. Reducing income inequality is a key government objective and this requires improving the performance of the labour market. Raising educational outcomes for all and enhancing training programmes would help improve labour supply and productivity. Formal job creation however remains heavily constrained by restrictive labour market regulations, in particular very substantial non-wage labour costs and a minimum wage which is high compared to average incomes. The 2012 tax reform reduces non-wage labour costs but more decisive steps are needed to create the right conditions and incentives to boost formal employment. Employment Social Issues/Migration/Health Economics Colombia Londoño Vélez, Juliana MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5k487n74s1f1-en Volltext |
| spellingShingle | Joumard, Isabelle Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market Employment Social Issues/Migration/Health Economics Colombia |
| title | Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market |
| title_alt | Inégalités de revenu et pauvreté en Colombie - Partie 1. Le role du marché de travail |
| title_auth | Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market |
| title_exact_search | Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market |
| title_full | Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market Isabelle, Joumard and Juliana, Londoño Vélez = Inégalités de revenu et pauvreté en Colombie - Partie 1. Le role du marché de travail / Isabelle, Joumard et Juliana, Londoño Vélez |
| title_fullStr | Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market Isabelle, Joumard and Juliana, Londoño Vélez = Inégalités de revenu et pauvreté en Colombie - Partie 1. Le role du marché de travail / Isabelle, Joumard et Juliana, Londoño Vélez |
| title_full_unstemmed | Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market Isabelle, Joumard and Juliana, Londoño Vélez = Inégalités de revenu et pauvreté en Colombie - Partie 1. Le role du marché de travail / Isabelle, Joumard et Juliana, Londoño Vélez |
| title_short | Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market |
| title_sort | income inequality and poverty in colombia part 1 the role of the labour market |
| topic | Employment Social Issues/Migration/Health Economics Colombia |
| topic_facet | Employment Social Issues/Migration/Health Economics Colombia |
| url | https://doi.org/10.1787/5k487n74s1f1-en |
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