Date(s) - 12/07/2018
3:00 pm - 4:30 pm
The Department of Economics Seminar Series for the Fall 2018 term comes to a close on Friday, 12/7/18 at 3:00 pm in Behavioral Sciences room 103. The seminars are free and open to everyone.
December 7th’s speaker is Jose Galvez, Economics Ph.D. student at Colorado State University.
Galvez will be presenting his paper: “Informalization, Production and Income Inequality in 18 Latin American Economies, 1990-2014.”
Conceptualized in this paper as a type of employment with low labor productivity typically excluded from social safety nets, informality serves as an indicator of the low availability of high-quality jobs in the region. This paper presents a dynamic panel analysis of the macro-level production and distribution factors that impact informal employment outcomes in Latin America for the period from 1990 to 2014. Using Frenkel and Ros’ (2006) analytical framework, the analysis develops hypotheses about informal labor supply from a macro-level perspective and proceeds to test this framework. The empirical results suggest that higher inequality, lower development levels, and less competitive exchange rates have all been associated with higher levels of informalization of urban labor in the region during this period.