Raising the minimum wage may reduce inequality by increasing the wages of low-skill workers, but it may also increase inequality due to negative impacts on employment that produce wage losses. Using previous estimates of the elasticities of wages and employment to changes in the minimum wage in...

Using 19 years of cross-section wage data, we look at the trend of the ratio of male to female wages in Colombia. First, we observe a long-term trend towards an increase in the gender wage gap that may be related to new labor regulations giving more protection to women and thereby raising the...