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Does the minimum wage affect wage inequality? : a study for the six largest Latin American economies
Lombardo, Carlo; Ramírez-Leira, Lucía; Gasparini, Leonardo - 2022
Minimum wage (MW) policies are widespread in the developing world and yet their effects are still unclear. In this paper we explore the effect of national MW policies in Latin America’s six largest economies by exploiting the heterogeneity in the bite of the national minimum wage across local...
Persistent link: https://www.econbiz.de/10014466614
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Minimum wages in New Zealand: policy and practice in the 21st century
Maré, David Christopher; Hyslop, Dean Robert - 2021
New Zealand has seen dramatic changes in minimum wage policies since 2000. The adult minimum wage has increased 75% in CPI-adjusted real terms. In addition, the youth minimum wage was abolished in two stages, resulting in a 125% increase in the real minimum wage for 16-19-year-old workers. We...
Persistent link: https://www.econbiz.de/10012517238
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Minimum Wages, Inequality and Globalization
Gindling, T. H.; Terrell, Katherine - 2021
This paper contributes to our understanding of the impact of institutions on incomes of workers in developing countries by rigorously addressing the question as to whether changes in minimum wages can change the inequality of the distribution of earnings. More specifically, we analyze whether...
Persistent link: https://www.econbiz.de/10013319249
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The Effects of Multiple Minimum Wages Throughout the Labor Market
Gindling, T. H.; Terrell, Katherine - 2021
This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings among workers covered by minimum wage legislation as well as those for whom it does not apply (the uncovered sector) in Costa Rica. This country's large uncovered sector and complex...
Persistent link: https://www.econbiz.de/10013319250
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The Role of the Minimum Wage on the Declining Wage Inequality in Latin America : Evidence from Brazil
Hinojosa, Paul Garcia - 2019
After a period of hyperinflation and the adoption of the Brazilian Real in 1994, Brazil has experienced a significant …
Persistent link: https://www.econbiz.de/10012868218
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Earnings Inequality and the Minimum Wage : Evidence from Brazil
Engbom, Niklas - 2018
We show that a minimum wage can have large effects throughout the earnings distribution,using a combination of theory and empirical evidence. To this end, we develop an equilibriumsearch model featuring empirically relevant worker and firm heterogeneity. We usethe estimated model to evaluate a...
Persistent link: https://www.econbiz.de/10012918636
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The distributional and employment impacts of nationwide minimum wage changes
Cribb, Jonathan; Giupponi, Giulia; Joyce, Robert; … - 2021
We estimate the effect of the introduction of the UK’s National Living Wage in 2016, and increases in it up to 2019, using a new empirical method. We apply a bunching approach to a setting with no geographical variation in minimum wage rates. We effectively compare employment changes in each...
Persistent link: https://www.econbiz.de/10012802873
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The Distributional Effects of Minimum Wages in Brazil : 1996-2001
Neumark, David; Cunningham, Wendy; Siga, Lucas - 2003
The Brazilian economy has relied on the minimum wage since it was first implemented in 1940. Brazil's newly elected … minimum wage in bringing about these changes in Brazil. We examine data drawn from Brazil's major metropolitan areas and study …-wage metropolitan areas where their effects should be apparent, minimum wages in Brazil lift family incomes at the lower points of the …
Persistent link: https://www.econbiz.de/10014075267
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Who benefits from a minimum wage increase?
Lopresti, John W.; Mumford, Kevin J. - 2015
This paper addresses the question of how a minimum wage increase affects the wages of low-wage workers. Most studies assume that there is a simple mechanical increase in the wage for workers earning a wage between the old and the new minimum wage, with some studies allowing for spillovers to...
Persistent link: https://www.econbiz.de/10010503374
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The effects of the minimum wage on earnings inequality : evidence from China
Lin, Carl; Yun, Myeong-Su - 2016
The minimum wage has been regarded as an important element of public policy for reducing poverty and inequality. Increasing the minimum wage is supposed to raise earnings for millions of low-wage workers and therefore lower earnings inequality. However, there is no consensus in the existing...
Persistent link: https://www.econbiz.de/10011452194