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Is the wage curve formal or informal? Evidence for Colombia Ramos Lobo, Raúl Duque, Juan Carlos Suriñach Caralt, Jordi Colòmbia Atur Salaris Economia submergida Colombia Unemployment Wages Informal sector (Economics) Using microdata from the 2002-2006 Colombian Continuous Household Survey, we find an elasticity of individual wages to local unemployment rates of -0.07. However, the elasticity for informal workers is significantly higher, a result which is consistent with efficiency wage theoretical models and relevant for regional labour markets analysis in developing countries. 2013-06-07T08:10:15Z 2013-06-07T08:10:15Z 2010-11 2013-06-07T08:10:15Z info:eu-repo/semantics/article info:eu-repo/semantics/acceptedVersion 0165-1765 https://hdl.handle.net/2445/44103 579232 eng Versió postprint del document publicat a: http://dx.doi.org/10.1016/j.econlet.2010.08.004 Economics Letters, 2010, vol. 109, num. 2, p. 63-65 http://dx.doi.org/10.1016/j.econlet.2010.08.004 (c) Elsevier B.V., 2010 info:eu-repo/semantics/openAccess 8 p. application/pdf Elsevier B.V. Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)