MINIMUM WAGE VALORIZATION POLICY AND ITS RELATION TO UNEMPLOYMENT

The study seeks to identify the link between an increase in minimum wageand the probability of the individual moving from an employment situation to an unemployed condition, as well as seeking to provide subsidy to the formulation of publicpolicies. The period chosen was from 2011 to 2015, after a n...

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Detalles Bibliográficos
Autores: Curi, Rafael Luis Comini, Ribeiro, Matheus Pereira, Rodrigues, Cristiana Tristão
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2021
País:Brasil
Institución:Universidade Federal do Rio Grande do Sul (UFRGS)
Repositorio:Análise Econômica (Online)
Idioma:portugués
OAI Identifier:oai:seer.ufrgs.br:article/81718
Acceso en línea:https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/81718
Access Level:acceso abierto
Palabra clave:Salário Mínimo
Emprego
Experimento Natural
Políticas Públicas
E24
H53
J38
Minimum wage
Employment
Natural experiment
Public policy
Descripción
Sumario:The study seeks to identify the link between an increase in minimum wageand the probability of the individual moving from an employment situation to an unemployed condition, as well as seeking to provide subsidy to the formulation of publicpolicies. The period chosen was from 2011 to 2015, after a new minimum methodologyreadjustment law, and a one-year impact analysis based on data from the Monthly Employment Survey (PME). To do so, use the propensity score matching and differencein-difference methods. The treatment group in the form of issue receive the old and thenew minimum wage. Those who want between 1.5 and 2.5 times the new minimumwage, in turn, belong to the control group. It was observed that, in the transition from2011 to 2012 and 2012 to 2013, the increase in the minimum wage may have contributed to the increase in the probability of an individual being unemployed. This fact was not observed for the other periods analyzed.