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This paper tests the impact of the Costa Rican minimum wage policy on wage inequality and the level of employment in the formal sector (covered by minimum wage legislation) and the informal (uncovered) sector. We also examine the redistributive effects of the minimum wage, between the covered...
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Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market characteristics. Minimum wages target formal sector workers - a minority in most developing countries - many of whom do not live in poor households. Whether raising minimum wages...
Persistent link: https://www.econbiz.de/10011416331
Governments regulate employment to protect workers and to improve labor market efficiency. However, employment regulations can be controversial, often complicated by opposing ideological views. Thus, it is important for policymakers in developing countries to base decisions on empirical evidence...
Persistent link: https://www.econbiz.de/10011417278
Motivations for introducing a statutory minimum wage in developing countries include reducing poverty, advancing social justice, and accelerating growth. Attaining these goals depends on the national context and policy choices. Institutional capacity tends to be limited, so institutional...
Persistent link: https://www.econbiz.de/10011417394
. Januar 2015 ein neuer Mindestlohn eingeführt. Dieser Artikel analysiert, ob die Bekanntgabe seiner Einführung bereits die … bei betroffenen Arbeitgebern. Außerdem werden von den vom Mindestlohn betroffenen Arbeitgebern Lohnkosten häufiger als …. Januar 2015 ein neuer Mindestlohn eingeführt. Dieser Artikel analysiert, ob die Bekanntgabe seiner Einführung bereits die …
Persistent link: https://www.econbiz.de/10011418249
According to economic theory, a minimum wage reduces the number of low-wage jobs and increases the number of available workers, allowing greater hiring selectivity. More competition for a smaller number of low-wage jobs will disadvantage immigrants if employers perceive them as less skilled than...
Persistent link: https://www.econbiz.de/10011421987
An increase in the minimum wage in immigrant destination countries raises the earnings that low-skilled migrants could expect to attain if they were to migrate. While some studies for the US indicate that a higher minimum wage induces immigration, contrasting evidence shows that immigrants are...
Persistent link: https://www.econbiz.de/10011430781