Abstract

SANCHEZ TORRES, Roberto Mauricio; MANZANO MURILLO, Lizeth Dayana  and  MATURANA CIFUENTES, Laura Antonia. Labor informality and monetary and multidimensional poverty in Bogotá and the Metropolitan Area. Prob. Des [online]. 2022, vol.53, n.208, pp.31-63.  Epub June 06, 2022. ISSN 0301-7036.  https://doi.org/10.22201/iiec.20078951e.2022.208.69754.

Labor informality, associated with low income, increases a household's likelihood of being poor and experiencing precarious living conditions. The aim of this article is to study the relationship between labor informality and both monetary and multidimensional poverty in Bogota, the capital of Colombia, and its Metropolitan Area (MA). Based on the Multipurpose Survey, the article estimates levels of labor informality and pay gaps, as well as indicators of monetary and multidimensional poverty. This article also simulated various scenarios to identify the levels of poverty reduction as a result of a potential formalization and closing of gaps by segmentation, highlighting the heterogeneities between areas of Bogota and its Metropolitan Area (MA).

Keywords : labor informality; quality of life; segmentation; multidimensional poverty; monetary poverty.

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