This paper explores the contribution of the minimum wage to the well documented rise in earnings inequality in Mexico … entire rise in inequality at the bottom of the distribution. Our result challenges the widespread perception that trade … induced shocks are the single most important factor behind the recent rise in earnings inequality in several less developed …

This paper studies the impact of NAFTA on informality and real wages in Mexico. Using a dynamic industry model with … firm heterogeneity, it is predicted that import tariff elimination could reduce the incidence of informality by making more … the Mexican import tariffs are significantly related to reductions in the likelihood of informality in the tradable …

We reassess the effect of state and federal minimum wages on U.S. earnings inequality, attending to two issues that … reduces inequality in the lower tail of the wage distribution (the 50/10 wage ratio), but the impacts are typically less than …

rises in local wage inequality. However, in locations benefiting from rising Chinese demand, we observe higher wage growth …

US and not to the traditional idea of informality constituting the inferior sector of a segmented market. That said, the … counter cyclical job finding in the formal sector combined with the acyclical job finding in informality does lead to the …

This paper assesses the impact of the National Minimum Wage (NMW) on employment and inequality in the UK over the … increased bite of the NMW is associated with falls in lower tail wage inequality. Moreover, while the average employment effect …