Misery Index corrected by informality: applicable to Venezuela

This paper suggests a variation of the IMO index (Okun's Misery Index), adapting it to markets with these characteristics, adding the ESI level (Employment in the Informal Sector) to the unemployment level -- This research compares the evolution of several standard misery indexes in several zon...

Full description

Autores:
Ramoni Perazzi, Josefa
Orlandoni Merli, Giampaolo
Tipo de recurso:
Fecha de publicación:
2013
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
spa
OAI Identifier:
oai:repository.eafit.edu.co:10784/7826
Acceso en línea:
http://hdl.handle.net/10784/7826
Palabra clave:
I32
D6
D63
O2
Índice de miseria de Okun
Mercado laboral - Venezuela
Sector informal
MERCADO LABORAL - VENEZUELA
EMPLEO
POBREZA - VENEZUELA
Labor supply
Employment (Economic Theory)
Poverty - Venezuela
Rights
License
Acceso abierto
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spelling 2013-11-292015-11-30T20:39:42Z2013-11-292015-11-30T20:39:42Z1657-4206http://hdl.handle.net/10784/7826This paper suggests a variation of the IMO index (Okun's Misery Index), adapting it to markets with these characteristics, adding the ESI level (Employment in the Informal Sector) to the unemployment level -- This research compares the evolution of several standard misery indexes in several zones during the last decades, with emphasis on the case of Venezuela, for which the new proposed index is also estimated -- Results show improvement in the well-being of groups of countries under study, compared to the deterioration of the indicator in Venezuela -- In general terms, the IMO is controlled by unemployment, except in Venezuela -- However, preponderance of inflation over unemployment in this country seems to occur by the underestimate that the unemployment rate has on the Venezuelan labor market situationEsta investigación propone una modificación al índice de miseria de Okun (IMO) adaptándolo a mercados con estas características, agregándole al nivel de desempleo el nivel de empleo en el sector informal (ESI) -- El estudio compara la evolución de diversos índices de miseria tradicionales en varias regiones durante las últimas décadas, haciendo hincapié en el caso venezolano, para el cual se estima también el nuevo índice propuesto -- Los resultados muestran mejoras en el bienestar de los grupos de países considerados, que contrastan con el deterioro que el indicador experimenta en Venezuela -- En términos generales, el IMO está dominado por el desempleo, excepto en Venezuela -- Sin embargo, la preponderancia de la inflación sobre el desempleo en este país parece ocurrir por la subestimación que la tasa de desempleo hace de la situación del mercado laboral venezolanoapplication/pdfspaUniversidad EAFITEcos de Economía: A Latin American Journal of Applied Economics; Vol 17, No 37 (2013); 29-49http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2297http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2297instname: Universidad EAFITreponame:Repositorio Institucional Universidad EAFITEcos de Economía: A Latin American Journal of Applied Economics; Vol 17, No 37 (2013); 29-49I32D6D63O2Índice de miseria de OkunMercado laboral - VenezuelaSector informalMERCADO LABORAL - VENEZUELAEMPLEOPOBREZA - VENEZUELALabor supplyEmployment (Economic Theory)Poverty - VenezuelaMisery Index corrected by informality: applicable to VenezuelaEl índice de miseria corregido por informalidad: una aplicación al caso de Venezuelainfo:eu-repo/semantics/articlearticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1Acceso abiertohttp://purl.org/coar/access_right/c_abf2Ramoni Perazzi, JosefaOrlandoni Merli, GiampaoloFacultad de Ciencias Económicas y Sociales (FACES) de la Universidad de Los Andes (ULA)Facultad de Ciencias Económicas y Sociales (FACES) de la Universidad de Los Andes (ULA)Ecos de Economía: A Latin American Journal of Applied Economics17372949ecos.econ.THUMBNAILminaitura-ecos_Mesa de trabajo 1.jpgminaitura-ecos_Mesa de trabajo 1.jpgimage/jpeg251248https://repository.eafit.edu.co/bitstreams/6e0fed30-3ff1-4c22-a09d-5c7655e1bfaf/download9b15d674b076c1793a0bc25cebb1bcefMD51ORIGINALdocument (99).pdfdocument (99).pdfTexto completo PDFapplication/pdf885657https://repository.eafit.edu.co/bitstreams/21c221aa-42ff-441b-81c4-7ef7eee09db2/download1cc26528878173281f95948a6024dfadMD52articulo.htmlarticulo.htmlTexto completo HTMLtext/html377https://repository.eafit.edu.co/bitstreams/e95a41ae-e7cb-428a-81b3-4570f860bda1/download273b673cc9ec364bac6bc08a545b2c91MD5310784/7826oai:repository.eafit.edu.co:10784/78262020-03-18 12:40:26.789open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co
dc.title.eng.fl_str_mv Misery Index corrected by informality: applicable to Venezuela
dc.title.spa.fl_str_mv El índice de miseria corregido por informalidad: una aplicación al caso de Venezuela
title Misery Index corrected by informality: applicable to Venezuela
spellingShingle Misery Index corrected by informality: applicable to Venezuela
I32
D6
D63
O2
Índice de miseria de Okun
Mercado laboral - Venezuela
Sector informal
MERCADO LABORAL - VENEZUELA
EMPLEO
POBREZA - VENEZUELA
Labor supply
Employment (Economic Theory)
Poverty - Venezuela
title_short Misery Index corrected by informality: applicable to Venezuela
title_full Misery Index corrected by informality: applicable to Venezuela
title_fullStr Misery Index corrected by informality: applicable to Venezuela
title_full_unstemmed Misery Index corrected by informality: applicable to Venezuela
title_sort Misery Index corrected by informality: applicable to Venezuela
dc.creator.fl_str_mv Ramoni Perazzi, Josefa
Orlandoni Merli, Giampaolo
dc.contributor.author.spa.fl_str_mv Ramoni Perazzi, Josefa
Orlandoni Merli, Giampaolo
dc.contributor.affiliation.spa.fl_str_mv Facultad de Ciencias Económicas y Sociales (FACES) de la Universidad de Los Andes (ULA)
Facultad de Ciencias Económicas y Sociales (FACES) de la Universidad de Los Andes (ULA)
dc.subject.none.fl_str_mv I32
D6
D63
O2
Índice de miseria de Okun
Mercado laboral - Venezuela
Sector informal
topic I32
D6
D63
O2
Índice de miseria de Okun
Mercado laboral - Venezuela
Sector informal
MERCADO LABORAL - VENEZUELA
EMPLEO
POBREZA - VENEZUELA
Labor supply
Employment (Economic Theory)
Poverty - Venezuela
dc.subject.lemb.none.fl_str_mv MERCADO LABORAL - VENEZUELA
EMPLEO
POBREZA - VENEZUELA
dc.subject.keyword.none.fl_str_mv Labor supply
Employment (Economic Theory)
Poverty - Venezuela
description This paper suggests a variation of the IMO index (Okun's Misery Index), adapting it to markets with these characteristics, adding the ESI level (Employment in the Informal Sector) to the unemployment level -- This research compares the evolution of several standard misery indexes in several zones during the last decades, with emphasis on the case of Venezuela, for which the new proposed index is also estimated -- Results show improvement in the well-being of groups of countries under study, compared to the deterioration of the indicator in Venezuela -- In general terms, the IMO is controlled by unemployment, except in Venezuela -- However, preponderance of inflation over unemployment in this country seems to occur by the underestimate that the unemployment rate has on the Venezuelan labor market situation
publishDate 2013
dc.date.issued.none.fl_str_mv 2013-11-29
dc.date.available.none.fl_str_mv 2015-11-30T20:39:42Z
dc.date.accessioned.none.fl_str_mv 2015-11-30T20:39:42Z
dc.date.none.fl_str_mv 2013-11-29
dc.type.eng.fl_str_mv info:eu-repo/semantics/article
article
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dc.type.local.spa.fl_str_mv Artículo
dc.identifier.issn.none.fl_str_mv 1657-4206
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/10784/7826
identifier_str_mv 1657-4206
url http://hdl.handle.net/10784/7826
dc.language.iso.spa.fl_str_mv spa
language spa
dc.relation.ispartof.eng.fl_str_mv Ecos de Economía: A Latin American Journal of Applied Economics; Vol 17, No 37 (2013); 29-49
dc.relation.isversionof.none.fl_str_mv http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2297
dc.relation.uri.none.fl_str_mv http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2297
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dc.rights.local.spa.fl_str_mv Acceso abierto
rights_invalid_str_mv Acceso abierto
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dc.format.none.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Universidad EAFIT
dc.source.none.fl_str_mv instname: Universidad EAFIT
reponame:Repositorio Institucional Universidad EAFIT
dc.source.eng.fl_str_mv Ecos de Economía: A Latin American Journal of Applied Economics; Vol 17, No 37 (2013); 29-49
instname_str Universidad EAFIT
institution Universidad EAFIT
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