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A Minimum Wage Increase Can Have an Adverse Distributional Impact : The Case of Colombia

Angel-Urdinola, Diego F. - 2004

A rise in the minimum wage may contribute to decrease earnings inequality by promoting larger wage increases for workers in the low tail of the wage distribution, but it may also increase inequality by promoting layoffs. This paper uses a semiparametric model to analyze the impact on inequality...

Persistent link: https://www.econbiz.de/10014070153