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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Detalles Bibliográficos
Autor: Gabriel Martínez González
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
Descripción
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.