Browsing by Author "Largo Largo, Walter Armando"

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Efecto de la salud objetiva en los ingresos de los ecuatorianos
(Universidad de Cuenca, 2021-10-29) Largo Largo, Walter Armando; Sarmiento Jara, Juan Pablo
Multiple papers have studied the relationship of income with education and experience in Ecuador, but none with health. This paper studies the effect of health on individual income using instrumental variables and simultaneous equations. To achieve this, we use the Mincer equation (1974), in an extended version, and the Grossman model (1972). The information was obtained from the living conditions survey 2013-2014 and the parameters were estimated by least squares in two stages, generalized method of moments and least squares in three stages. The results show that a poor state in health has a large negative effect on personal income, this impact is greater in the male gender. Separating into other groups, the coefficient of health is more unfavorable in the highlands region and in the self-employed. Other variables related to health and that define income are: height and body mass index.
Incidencia del salario mínimo sobre el empleo de los jóvenes en el Ecuador
(2013) Largo Largo, Walter Armando; Rodas Avilés, Diego Bolívar; Cárdenas Jaramillo, Ramón Patricio
Unemployment can occur for some reasons. One is due to increases in the real minimum wage in the labor market, mainly affecting people with equal incomes and below it. Thus, the group of people with low incomes are young. To determine the relationship, we have built a competitive econometric model, which has been running the following regression: unemployment rate according to the real minimum wage for the whole population between 15 and 24. The methodology is the same for the other groups of the economically active population. Taking all the surveys of 2012 on employment, unemployment and underemployment conducted by INEC, the results of this study indicate that increases in real wages if it affects the unemployment rate in a direct way, the effect is particularly acute in young people, and in this group mentioned, the greatest effect is young without a tertiary degree or another superior, the other hand, for young people with a certain degree of realism wage changes is not a very important explanation of unemployment. In the case of adults, changes in real wages is not so much as in other population groups. The last group of older adults we came to the conclusion that the minimum wage increases are not cause to be unemployed.