Showing 1 - 5 of 5
The dual economy development models hold minimum wages (among other institutions) accountable for persistent dualism …. We use 12 years of micro data on thousands workers in Costa Rica to test whether legal minimum wages have a differential … impact on wages in the formal sector vs. informal sector, defined in various ways. We find the evidence from Costa Rica is …
Persistent link: https://www.econbiz.de/10010261786
This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings … Costa Rica. This country?s large uncovered sector and complex minimum wage policy, which has for decades set numerous wages … minimum wages. We find that legal minimum wages have a significant positive effect on the wages of workers in the covered …
Persistent link: https://www.econbiz.de/10010261907
by rigorously addressing the question as to whether changes in minimum wages can change the inequality of the … wages in the 1980s and 1990s acted as a countervailing force to the unequalizing effect of globalization. Using annual data … on workers from the 1987-1997 household surveys, it is shown that changes in the legal minimum wages did indeed have an …
Persistent link: https://www.econbiz.de/10010261908
Despite increasing average real family incomes in Costa Rica in the late 1990s and early 2000s, poverty rates did not fall. In this paper, we argue that during this period economic growth in Costa Rica did not translate into reduced poverty because of changes in family structure and in the labor...
Persistent link: https://www.econbiz.de/10010268845
Despite increasing average real family incomes in Costa Rica in the late 1990s and early 2000s, poverty rates did not fall. In this paper, we argue that during this period economic growth in Costa Rica did not translate into reduced poverty because of changes in family structure and in the labor...
Persistent link: https://www.econbiz.de/10005822543