Abstract
We estimate the effect of your own Venezuelan exodus into the Colombian work sector. The commercial and societal drama for the Venezuela brought about among the many most significant migratory exoduses into the latest age: more 4 million Venezuelans kept their country and you will close to step one.8 mil found its way to Colombia. We reveal that an increase in step 1 p.p off labor also have owed the migratory circulate triggered a fall when you look at the each hour wages within the Colombia of 0.4% and you will a poor effectation of 0.step 1 p.p. into a career rate away from low-competent gurus. The newest shed from inside the earnings was greater for males, low-competent and you can everyday experts.
Addition
The new Venezuelan migratory exodus the most important periods away from pressed migration international: on the cuatro.5 million regarding Venezuelans left its nation and you will went someplace else Footnote 1 (UNHCR 2019). Widely known destination for departing Venezuelan migrants is actually Colombia. According to specialized analytics, there were almost step 1.8 mil regarding Venezuelans surviving in Colombia in the 2019, due to the brand new Venezuelan monetary and governmental crisis, and therefore represents a boost in the express away from Venezuelans staying in Colombia according to this new national population out-of 0.07% in 2015 to 3.6% up to during the 2019. (más…)