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When Ecuador raised its monthly Unified Minimum Wage from $170 to $200 in 2008, it affected 35 percent of all private sector workers. We use this unexpected minimum wage hike under former president Rafael Correa to assess the labor market impacts of the minimum wage. We use an administrative...
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effective minimum wage reduced employment among low-skilled, middle-aged female workers, but the mechanical effect associated …
Persistent link: https://www.econbiz.de/10010271385
When Ecuador raised its monthly Unified Minimum Wage from $170 to $200 in 2008, it affected 35 percent of all private sector workers. We use this unexpected minimum wage hike under former president Rafael Correa to assess the labor market impacts of the minimum wage. We use an administrative...
Persistent link: https://www.econbiz.de/10012582050
different wage levels retaining employment. The effect is identified by comparing the probability of workers remaining employed … show that the increases in the minimum wage in 2013-2016 had no or small and imprecisely estimated effects on employment …
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). The paper deals with some results of empirical research into the effects of the minimum wage on enterprises and employment …
Persistent link: https://www.econbiz.de/10008500688
steady increases in the effective minimum wage reduced employment among low-skilled, young and middle-aged female workers …
Persistent link: https://www.econbiz.de/10005034716