Economic Consequences of Mass Migration: The Venezuelan Exodus in Peru.
We study the effects of an unexpected and large migration from Venezuela on Peruvian labor markets. From 2017 to 2019, about 800,000 Venezuelans migrated to Peru, with 84% settling in the Lima metropolitan area. The percentage of Venezuelans in the working age population in Lima increased from nearl...
| Published in: | Economía Vol. 23; no. 1; pp. 107 - 137 |
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| Main Authors: | , , |
| Format: | Article |
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London School of Economics & Political Science
2024
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=182276524&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 182276524 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 15297470 N8H jtl: Economía issn: 15297470 maglogo: N pubinfo: dt: 2024 vid: 23 iid: 1 pid: 66142 pub: London School of Economics & Political Science artinfo: ui: 182276524 10.31389/eco.436 ppf: 107 ppct: 30 formats: fmt: – @attributes: type: T – @attributes: type: P size: 5.5MB tig: atl: Economic Consequences of Mass Migration: The Venezuelan Exodus in Peru. aug: au: Boruchowicz, Cynthia Martinelli, César Parker, Susan W. affil: University of Maryland, US George Mason University, US University of Maryland and CIDE, US su: Mass migrations Labor supply Labor market Metropolitan areas Economic impact sug: subj: Mass migrations Labor supply Labor market Metropolitan areas Economic impact Temporary Help Services keyword: labor market adjustment mass migration synthetic control labor market adjustment mass migration synthetic control ab: We study the effects of an unexpected and large migration from Venezuela on Peruvian labor markets. From 2017 to 2019, about 800,000 Venezuelans migrated to Peru, with 84% settling in the Lima metropolitan area. The percentage of Venezuelans in the working age population in Lima increased from nearly 0 to over 10%, with migrants having higher education on average than the local labor force. We propose a simple assignment model of the labor market, which suggests that migration will lead to a reallocation of local workers toward low-skilled jobs. Using synthetic control methods and comparing Lima with a group of other Peruvian metropolitan areas, we find evidence of adjustment in occupational structure in the direction predicted by the model with few decreases in employment of local workers. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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