Wage Differentiation and Living Standards in Bogotá, 1900-1950 (Diferenciación salarial y condiciones de vida en Bogotá, 1900-1950)

48 Pages Posted: 11 Oct 2009

See all articles by María del Pilar López-Uribe

María del Pilar López-Uribe

Universidad de los Andes, Colombia - Department of Economics

Date Written: November 10, 2008

Abstract

Bogota suffered important changes during the first fifty years of the 20th century. The city transformed his economy, his urbanity and his society and it turned into an important axis of impulse for the economic development of the country. His population also lived strongly through these changes, which led to big variations in the structure of the labor market and of the living cost. This document describes and analyzes the changes in the wage differentiation and in the living conditions in Bogotá for different occupations during the first half of the 20th century. The nominal wages are compared to living cost in order to illustrate how they changed the real wages of the different economic sectors. Added to this, a comparison is done among the occupations to show how the wage inequality evolved among the economic groups of the city, which obtained major importance and which stayed economically behind during this time. For this, there was constructed a database of wages and of prices by new sources, there was situated an index of cost of life and they were calculated differential wage, real wages and relations of well-being. At the end, there is demonstrated that the wage differences between occupations did not diminish during this period but the living conditions of the workers if they improved with regard to the presented at the beginning of the 20th century.

Keywords: Wages, Living Cost, prices, Wages differentiations, Bogotá

JEL Classification: N36, J31

Suggested Citation

López-Uribe, María del Pilar, Wage Differentiation and Living Standards in Bogotá, 1900-1950 (Diferenciación salarial y condiciones de vida en Bogotá, 1900-1950) (November 10, 2008). Available at SSRN: https://ssrn.com/abstract=1485725 or http://dx.doi.org/10.2139/ssrn.1485725

María del Pilar López-Uribe (Contact Author)

Universidad de los Andes, Colombia - Department of Economics ( email )

Carrera 1a No. 18A-10
Santafe de Bogota, AA4976
Colombia

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