Living with this new residents: the end result of Venezuelan pushed migration on work sector when you look at the Colombia
Conceptual
We guess the result of one’s Venezuelan exodus into Colombian work markets. The commercial and you will personal drama for the Venezuela brought about among the many vital migratory exoduses during the previous many years: more than cuatro billion Venezuelans left the country and close to step 1.8 billion found its way to Colombia. We show that a boost in step one p.p out of work also provide due new migratory move caused a drop in every hour earnings when you look at the Colombia out of 0.4% and an awful effectation of 0.step one p.p. towards work rates out-of low-competent professionals. The latest miss in the wages try greater for men, low-competent and you will relaxed gurus.
Introduction
The fresh Venezuelan migratory exodus the most important periods out of forced migration around the globe: throughout the 4.5 billion regarding Venezuelans kept their nation and moved somewhere else Footnote step one (UNHCR 2019). The most common place to go for departing Venezuelan migrants 
is Colombia. Based on authoritative analytics, there have been almost 1.8 billion out-of Venezuelans living in Colombia for the 2019, due to brand new Venezuelan monetary and you will political crisis, and therefore stands for an increase in the newest express from Venezuelans living in Colombia relative to the fresh national inhabitants from 0.07% when you look at the 2015 to three.6% as much as inside the 2019.
This extreme episode of migration is short for an issue in order to policymakers who attempt to understand and assess the possibility monetary and societal consequences of these an enormous inflow out-of immigrants, especially for machine places such Colombia.
Contained in this paper, We exploit the brand new Venezuelan exodus so you can understand the migratory episode’s affect brand new Colombian labor markets. Read More
