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This paper examines the impact of Venezuelan immigration on the labor market in Colombia, revealing a negative effect on native wages and employment, particularly in the formal sector. The analysis shows that the influx of migrants leads to a decrease in native wages by approximately 1.5% for each percentage point increase in employed migrants, while formal employment decreases by 1.9%. The findings highlight the significant role of the informal labor market and the binding minimum wage in shaping these out

Author

matiasbgomezvarela

Language

EN