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dc.titleMedium and Long Run Economic Assimilation of Venezuelan migrants to Peru
dc.contributor.authorTorres, Javier
dc.contributor.authorBeverinotti, Javier
dc.contributor.authorCanavire-Bacarreza, Gustavo
dc.contributor.orgunitCountry Department Andean Group
dc.coveragePeru
dc.date.available2024-01-11T00:01:00
dc.date.issue2024-01-11T00:01:00
dc.description.abstractIn a span of six years, the proportion of Venezuelans in Peru has surged nearly fourfold, rising from virtually zero to over 4% of the population. This study delves into the dynamics of medium- and long-term labor market integration in Peru, combining data from the Venezuelan Population Residing in Peru Survey and the Peruvian National Household Survey. Our findings reveal that Venezuelan workers experience low returns on foreign postsecondary education and there is minimal relation between foreign work experience and monthly income. Importantly, these outcomes remain consistent irrespective of the time spent in the host country, indicating a gradual economic assimilation process. Lastly, our estimation demonstrates that if Venezuelans human capital yielded returns equivalent to Peruvian human capital, the average income of Venezuelans would witness a substantial increase of 20%.
dc.format.extent37
dc.identifier.doihttp://dx.doi.org/10.18235/0005503
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Medium-and-Long-Run-Economic-Assimilation-of-Venezuelan-migrants-to-Peru.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectMigrant
dc.subjectImmigration
dc.subjectEconomy
dc.subjectLabor Force
dc.subjectLabor Market
dc.subjectWage
dc.subjectWorkforce and Employment
dc.subjectLabor
dc.subjectHuman Capital
dc.subjectEducation
dc.subjectMigrant Integration
dc.subjectMigration and Migrant
dc.subjectEconomic Migration
dc.subjectLabor Force Participation
dc.subjectProductive Transformation
dc.subject.jelcodeJ15 - Economics of Minorities, Races, Indigenous Peoples, and Immigrants • Non-labor Discrimination
dc.subject.jelcodeJ24 - Human Capital • Skills • Occupational Choice • Labor Productivity
dc.subject.jelcodeJ31 - Wage Level and Structure • Wage Differentials
dc.subject.jelcodeJ70 - Labor Discrimination: General
dc.subject.keywordsImmigration;Economic Assimilation;Wage Discount;Andes;Productive transition
dc.typeWorking Papers
idb.identifier.pubnumberIDB-WP-01561
idb.operationRG-T3717
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