Jorge Pérez Pérez

Jorge Pérez Pérez

Economist - Banco de México

Posts by Collection

research

The Consumption of Colombian Households, 2006-2007: Estimation of Demand Systems (In spanish)

Published in Desarrollo y Sociedad, 2010

Using household data from the 2006-2007 Households Income and Expenditure survey, we estimate four different specifications of demand systems for Colombia. We also calculate expenditure, income and price elasticities for different groups of goods. Read more

Recommended citation: Cortés, Darwin y Pérez, Jorge (2010) "El Consumo de los Hogares Colombianos, 2006-2007: Estimación de Sistemas de Demanda". Desarrollo y Sociedad

Download latest version

Grading Fiscal Policy in Latin America in the Last Decade

Published in IDB Policy Briefs, 2014

Fiscal policy in Latin America has been historically imprudent and continues to be viewed with skepticism. At the same time, most countries have remained out of trouble for several years and were able to successfully conduct proactive countercyclical fiscal policy to fight the Great Recession, a historical first. This paper examines the last decade to assess progress, highlight weaknesses, and chart the way forward. Read more

Recommended citation: Fernández-Arias, Eduardo and Pérez Pérez, Jorge Eduardo (2014) "Grading Fiscal Policy in Latin America in the Last Decade". IDB Policy Brief 216, Inter-American Development Bank

Download latest version

City Minimum Wages (Job Market Paper)

2017

Winner of the 2018 S4 Graduate Student Paper Prize

Local minimum wage laws are becoming common across U.S. cities, and their effects may be different from effects of state or nation-wide minimum wage policies. I study the effect of changes in minimum wages on spatial equilibria in local labor markets. Using residence and workplace data for the U.S., I analyze how commuting, residence and work locations change across city and state borders when minimum wages change on either side of the border. Read more

Download latest version

Unpacking the MPI : A Decomposition Approach of Changes in Multidimensional Poverty Headcounts

Listed in World Bank Policy Research Working Paper Series

Coverage: Vox Lacea

Blog post

Multidimensional measures of poverty have become standard as complementary indicators of poverty in many countries. This paper proposes an application of existing methodologies that decompose welfare aggregates -based on counterfactual simulations- to break up the changes of the multidimensional poverty headcount into the variation attributed to each of its dimensions. Read more

Recommended citation: Pérez Pérez, Jorge Eduardo; Rodriguez Castelan, Carlos; Trujillo, Jose Daniel; Valderrama, Daniel. 2015. Unpacking the MPI : a decomposition approach of changes in multidimensional poverty headcounts. Policy Research working paper; no. WPS 7514. Washington, D.C. : World Bank Group.

Download latest version

Download World Bank Policy Research Working Paper Series version

Minimum Wages in Formal and Informal Sectors: Evidence from an Inflation Shock

2018

I estimate the effect of the minimum wage on formal wages, informal wages, and employment in Colombia. I exploit an unexpected increase in the real minimum wage during the 1999 Colombian economic crisis to estimate short- term effects of the minimum wage along the distribution of wages in both sectors. I find evidence of wage responses, with a stronger incidence in the formal sector. Read more

Download latest version

teaching

Microeconomic Analysis

Undergraduate course, Universidad del Rosario, Department of Economics, 2010

Introductory microeconomics course for political science and international relations students. Read more

Microeconomics I

Undergraduate course, Universidad del Rosario, Department of Economics, 2017

Introductory microeconomics course for economics and finance students. Read more