Over the past several decades minimum wages have steadily gained importance. In many cases this reflects the weakness of unions which have been unable to prevent very low wages compared to the national average wage in some segments of the labour market. Changes in minimum wages can affect...

This paper explores the aggregate and systematic income risk of formal workers in Argentina, using an extensive longitudinal database that contains information on approximately half a million formal employees in the private sector throughout the country for a span of twenty years (1996-2015). We...