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boldest interventions in the recent history of Mexico and the rest of the world: the Northern Border Free Zone (NBFZ …). Launched in January 2019, this program doubles the minimum wage and substantially lowers taxes in 43 municipalities along the …
Persistent link: https://www.econbiz.de/10012295005
boost activity on the northern Mexican border. In this paper we estimate the effects of both policies on prices. We find … that the upward pressures on prices due to the minimum wage hike were more than offset by the downward pressures associated … with the VAT. In the absence of the VAT reduction policy, average prices in the northern Mexican border would have been …
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wage workers could pass on any resulting higher labour costs in the form of higher prices. This study looks at the effects … of the introduction and subsequent uprating of the minimum wage on the prices of UK goods and services, comparing the … prices of goods produced by industries in which UK minimum wage workers make up a substantial share of total costs with the …
Persistent link: https://www.econbiz.de/10010271255
This paper examines the effect of minimum wage changes on local aggregate inflation and consumption growth. The paper … effect on both city-level inflation and spending growth over the years following the change. The most noticeable effects are …
Persistent link: https://www.econbiz.de/10011738664
This paper focuses on the role of minimum wages, tax and benefit policies in protecting workers against financial poverty, covering 21 European countries with a national minimum wage and three US States (New Jersey, Nebraska and Texas). It is shown that only for single persons and only in a...
Persistent link: https://www.econbiz.de/10010282582