Fairris, David; Popli, Gurleen; Zepeda, Eduardo - Volkswirtschaftliche Fakultät, … - 2006
Instead of merely setting a lower bound on the wages of formal sector workers, minimum wages serve as a norm for wage … setting more generally throughout the Mexican economy. Our results suggest that wages are commonly set at multiples of the … minimum wage, and that changes in minimum wages influence wage changes across the occupational distribution. Moreover, our …