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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...
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. Most studies find modest adverse effects of the minimum on employment so that the minimum raises the total income of low … there as well. (4) Employment protection regulations and related laws shift output and employment to informal sectors and … reduce gross labor mobility. (5) Mandated benefits increase labor costs and reduce employment modestly while the costs of …
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closely reproduces the decline in informality observed between 2003 and 2012. The change in the composition of the labor force … the effectiveness of a progressive payroll tax in reducing informality. …
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Employment is key to combating poverty. Thus, detractors of social assistance programs argue that they create … jury is still out with respect to their impact on formal employment. This paper exploits an unannounced change in the … eligibility rule of the Bolsa Familia program in Brazil, one of the oldest and largest conditional cash transfers in the world, to …
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This paper investigates if changes in the minimum wage have influenced changes on the formality and informality rates … and so to characterize changes over time. Results suggest that the minimum wage has virtually no effect on employment and …
Persistent link: https://www.econbiz.de/10010228735