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I provide an analysis of the effects of minimum wages in developing countries using the enforcement of the law as a plausible explanation of the heterogeneous effects on employment across these countries. I construct a reliable indicator for the degree of enforcement by reading and organizing...
Persistent link: https://www.econbiz.de/10012864185
Mainstream academia’s and neoliberal economists’ failure to exhaustively explain the roots of the 2008 crisis and point a way towards how the world can fully recover from it, made radical theories of poverty and income inequality more popular and relevant as ever. Official World Bank...
Persistent link: https://www.econbiz.de/10014235666
The low level of minimum wages in developing countries has been the source of much international controversy. Raising these wages will only benefit the workers in these countries if there are not large subsequent job losses. Unlike the well-developed literature on the employment impact of the...
Persistent link: https://www.econbiz.de/10014073432
This paper examines the relationship between minimum wages and poverty in developing countries. We regress changes in poverty indicators for a group of twenty-two developing countries on minimum wage changes, changes in per capita income, changes in average real wages, human capital investment,...
Persistent link: https://www.econbiz.de/10014095252
There is considerable debate on the level and effects of minimum wages for many decades. However, most of the studies are conducted in developed countries. This chapter first reviews the theoretical frameworks of anticipated effects of a minimum wage increase on wages and employment in...
Persistent link: https://www.econbiz.de/10014082854
Introduction: Policies for All Seasons: The Post-Cold War Era -- Part I Inequality -- Income Inequality and Effectiveness in Redistribution -- Changing Perspectives on Inequality and Development -- Income Inequality and Labour -- Unions and Wage Inequality -- Economic Transformation and the...
Persistent link: https://www.econbiz.de/10013472647
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Offering evidence from both detailed individual country studies and homogenized statistics across the Latin American and Caribbean region, this book examines the impact of the minimum wage on wages, employment, poverty, income distribution and government budgets in the context of a large...
Persistent link: https://www.econbiz.de/10012685145
Persistent link: https://www.econbiz.de/10000114361
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