One Hundred and Seventy Years of Real Wages in Colombia (In Spanish)

36 Pages Posted: 16 Jun 2010

See all articles by Miguel Urrutia

Miguel Urrutia

Universidad de los Andes, Colombia - Department of Economics

Mauricio Ruíz

Universidad de los Andes, Colombia - Department of Economics

Date Written: April 1, 2010

Abstract

Real wages have been a good indicator of the standard of living of the working class. This document presents real wage series for different types of workers for three periods in modern Colombia. The data presented leads to the conclusion that in the last 170 years, real wages have increased less than GNP per capita. This can be one of the causes of the very unequal distribution of income found in the country at present.

A lo largo de la historia económica moderna, los salarios reales han sido un buen indicador del nivel de vida material de la clase trabajadora. Este documento presenta series de salarios reales para diferentes sectores y épocas en Colombia. Apoyándonos en datos compilados por varios autores, nuestra principal conclusión es que a lo largo de los últimos 170 años, los salarios reales en Colombia han aumentado menos que el crecimiento de PIB per capita. Esto puede ser una causa parcial de la mala distribución del ingreso en la actualidad en Colombia.

Note: Downloadable document is in Spanish.

Keywords: 19th Century, 20th Centrury Colombia, Price Indices, Salary, Wages

JEL Classification: J30, N3

Suggested Citation

Urrutia, Miguel and Ruíz, Mauricio, One Hundred and Seventy Years of Real Wages in Colombia (In Spanish) (April 1, 2010). Documento CEDE No. 2010-12, Available at SSRN: https://ssrn.com/abstract=1625478 or http://dx.doi.org/10.2139/ssrn.1625478

Miguel Urrutia (Contact Author)

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

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

Mauricio Ruíz

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

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

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