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Una explicación a la curva de salarios

Author

Listed:
  • Daniel Velázquez Orihuela
  • Zeus Salvador Hernández Veleros

Abstract

La teoría de salarios de eficiencia suele usarse para explicar, tanto la curva de salarios, como el desempleo involuntario. Sin embargo, estas explicaciones usualmente son contradictorias. Por una parte, se afirma que el desempleo se debe a altos salarios, por otra, se argumenta que el incremento en el desempleo reduce los salarios. En este artículo se propone un modelo de salarios de eficiencia en un marco de equilibrio restringido por demanda, con la finalidad de hacer compatibles las explicaciones del desempleo y de la curva de salarios. The wage curve and involuntary unemployment can usually be explained by the efficiency wage theory. However, the explanations are contradictory. In efficiency wage theory, unemployment is caused by high wage; however, for the wage curve, the low wage is due to high unemployment. In this paper, we present an efficiency wage model with equilibrium restricted by demand. Our model shows that the explications of unemployment and wage curve are indeed congruent.

Suggested Citation

  • Daniel Velázquez Orihuela & Zeus Salvador Hernández Veleros, 2018. "Una explicación a la curva de salarios," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 37(73), February.
    • Handle: RePEc:col:000093:016010
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    References listed on IDEAS

    as
    1. Blanchflower, David G. & Oswald, Andrew J., 2005. "The Wage Curve Reloaded," IZA Discussion Papers 1665, Institute of Labor Economics (IZA).
    2. Uwe Blien & Wolfgang Dauth & Thorsten Schank & Claus Schnabel, 2013. "The Institutional Context of an ‘Empirical Law’: The Wage Curve under Different Regimes of Collective Bargaining," British Journal of Industrial Relations, London School of Economics, vol. 51(1), pages 59-79, March.
    3. Arango-Thomas, Luis Eduardo & Obando, Nataly & Posada, Carlos Esteban, 2011. "Sensibilidad de los salarios al desempleo regional en Colombia: nuevas estimaciones de la curva de salarios," Chapters, in: López Enciso, Enrique & Ramírez Giraldo, María Teresa (ed.), Formación de precios y salarios en Colombia T.2, volume 2, chapter 23, pages 953-978, Banco de la Republica de Colombia.
    4. Campbell III, Carl M., 2008. "An efficiency wage approach to reconciling the wage curve and the Phillips curve," Labour Economics, Elsevier, vol. 15(6), pages 1388-1415, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    desempleo involuntario; salarios; tasa de desempleo y fluctuacioneseconómicas;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General

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