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The available estimations about the effect of minimum wage on poverty relies on partial equilibrium analysis. We estimate these effects in Brazil through a general equilibrium framework, dealing with lots of indirect effects of minimum wage. Using a computable general equilibrium model we...
Persistent link: https://www.econbiz.de/10014529609
This paper evaluates the effectiveness of the minimum wage policy in various segments of Brazilian labor markets. The basic technique is to quantify corner solutions imposed by the minimum wage. These points are later used as a focalization mechanism in the simulation of upper bounds of the...
Persistent link: https://www.econbiz.de/10001594771
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The available estimations about the effect of minimum wage on poverty relies on partial equilibrium analysis. We estimate these effects in Brazil through a general equilibrium framework, dealing with lots of indirect effects of minimum wage. Using a computable general equilibrium model we...
Persistent link: https://www.econbiz.de/10012156346