July 26, 2016 – PEP researchers Dr. Rolando Morales and Erick Gomez presented their work to more than 450 academics and researchers during a conference on Employment and Foreign Trade at the University of San Andrés in La Paz, Bolivia.
Mr. Gomez presented the working paper of the PEP-supported study “The Impact of Labor and Wage Policy on Informality and Growth”, including details of the CGE model used in this project.
The PEP research team used CGE modeling techniques based on a Social Accounting Matrix of the Bolivian economy to analyze the impact of the minimum wage and wages on informality and growth and compare two scenarios: one, the current boom in commodity exports continues, and two, the international oil and mineral prices fall.
Members of the PEP research team also presented papers from their work outside of PEP looking at employment, informality and international trade. As the director of Ciess-Econométrica, Dr. Morales offered the opening remarks and presented the project “R4D Globalization and Employment”.
The Minister of Economy and Public Finance, Luis Arce, was unable to attend the conference as planned and so invited the PEP research team for a private meeting in the days following the conference.
The conference was jointly organized by the Department of Economy of the University of San Andrés and Ciess-Econométrica.