Conceptual

We guess the end result of your own Venezuelan exodus on Colombian work market. The economic and you will personal drama in Venezuela triggered among important migratory exoduses inside the previous ages: more than 4 million Venezuelans leftover the country and you will near to 1.8 mil arrived in Colombia. We demonstrate that an increase in step one p.p away from labor likewise have due the fresh new migratory circulate triggered a decrease within the each hour wages within the Colombia out of 0.4% and you may a bad effect of 0.1 p.p. into work price out-of lower-skilled pros. The brand new miss in the earnings are greater for males, low-skilled and casual professionals.

Introduction

The fresh Venezuelan migratory exodus the most essential symptoms out of pushed migration global: regarding cuatro.5 million away from Venezuelans leftover the nation and you can gone in other places Footnote 1 (UNHCR 2019). The most common destination for departing Venezuelan migrants is Colombia. Predicated on formal analytics, there had been nearly 1.8 mil from Venezuelans living in Colombia inside 2019, by way of the fresh new Venezuelan economic and political crisis, hence means a boost in the brand new display out of Venezuelans living in Colombia in accordance with new federal population out of 0.07% into the 2015 to 3.6% as much as inside 2019.

That it tall bout of migration is short for problems in order to policymakers which seek to know and you can measure the possibility economic and societal outcomes of these a huge inflow of immigrants, especially for servers regions particularly Colombia.

Contained in this paper, I mine the brand new Venezuelan exodus in order to comprehend the migratory episode’s effect on the fresh new Colombian labor field. Read more