Venezuelan Migration in Peru: Short-term Adjustments in the Labor Market
The Venezuelan migration to Peru has been growing at fast speed since 2016 reaching a peak in 2018. Using a panel that allows us to control for individual effects, we study the heterogeneous short-term responses to the inflow of Venezuelan migrants in terms of employment, informality and earnings of Peruvian workers during 2008-2018. We find that a 1 pp increase in the share of Venezuelan migrants in Peru is associated with: a) a 1.5 pp increase in the probability of being employed for workers with tertiary education in the non-service sector; b) a 1 pp decrease in the probability of having an informal job for workers with tertiary education in the non-service sector; and c) a 3.2 percent decrease in real monthly earnings for workers with secondary education and a formal job in the service sector.
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| Language: | English |
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Inter-American Development Bank
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| Subjects: | Labor Supply, Employment Rate, Labor Market, Informal Labor, Migration and Migrant, J24 - Human Capital • Skills • Occupational Choice • Labor Productivity, J21 - Labor Force and Employment Size and Structure, J61 - Geographic Labor Mobility • Immigrant Workers, F22 - International Migration, R23 - Regional Migration • Regional Labor Markets • Population • Neighborhood Characteristics, J46 - Informal Labor Markets, J30 - Wages Compensation and Labor Costs: General, Venezuelan migration;labor supply shock, |
| Online Access: | http://dx.doi.org/10.18235/0002594 https://publications.iadb.org/en/venezuelan-migration-in-peru-short-term-adjustments-in-the-labor-market |
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