The Resource Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market, Isabelle Joumard and Juliana Londoño Vélez, (electronic resource)

Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market, Isabelle Joumard and Juliana Londoño Vélez, (electronic resource)

Label
Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market
Title
Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market
Statement of responsibility
Isabelle Joumard and Juliana Londoño Vélez
Creator
Contributor
Subject
Language
eng
Summary
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
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Joumard, Isabelle
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
Londoño Vélez, Juliana
Series statement
OECD Economics Department Working Papers,
Series volume
no.1036
http://library.link/vocab/subjectName
  • Economics
  • Employment (Economic theory)
  • Colombia
  • Social Issues/Migration/Health
Label
Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market, Isabelle Joumard and Juliana Londoño Vélez, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
844453304
Dimensions
21 x 30 cm
Extent
1 online resource 30 pages
File format
multiple file formats
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k487n74s1f1-en
Specific material designation
remote
System control number
(OCoLC)844453304
Label
Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market, Isabelle Joumard and Juliana Londoño Vélez, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
844453304
Dimensions
21 x 30 cm
Extent
1 online resource 30 pages
File format
multiple file formats
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k487n74s1f1-en
Specific material designation
remote
System control number
(OCoLC)844453304

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