Effect on employment of minimum wages in Mexico
Minimum wage (MW) increases do not have a significant impact on employment in Mexico. There is little evidence of jobs moving up in the wage distribution after MW raises. There is some reshuffling of jobs above MW, and substantial correlation of MW changes with characteristics of the population, put...
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2020 |
| País: | México |
| Institución: | Instituto Tecnológico Autónomo de México |
| Repositorio: | Redalyc-ITAM |
| OAI Identifier: | oai:redalyc.org:41364528002 |
| Acceso en línea: | https://www.redalyc.org/articulo.oa?id=41364528002 https://www.redalyc.org/journal/413/41364528002/ https://www.redalyc.org/journal/413/41364528002/html/ https://www.redalyc.org/journal/413/41364528002/41364528002.epub https://www.redalyc.org/journal/413/41364528002/movil |
| Access Level: | acceso abierto |
| Palabra clave: | Economía y Finanzas Mexico employment Minimum wage |
| Sumario: | Minimum wage (MW) increases do not have a significant impact on employment in Mexico. There is little evidence of jobs moving up in the wage distribution after MW raises. There is some reshuffling of jobs above MW, and substantial correlation of MW changes with characteristics of the population, putting in evidence that the policy may be endogenous. MW are set federally; thus, most of the variability in interventions comes in the form of changes over time and changes in regional coverage that are also defined federally. On the other hand, the social and economic conditions vary across municipalities, and the local labor markets respond differently to the same federal regulation. |
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