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Minimum wage and job mobility

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Author Info

  • Nikita Céspedes

    (Departamento de Economía de la PUCP y Banco Central de la Reserva del Perú)

  • Alan Sánchez

    (GRADE)

Abstract

Se estudia los efectos de cambios en el salario mínimo utilizando una base de datos que registra 7 cambios consecutivos de este indicador (entre 2002 y 2011). Se estima que 1 millón de trabajadores tienen ingresos en la vecindad del salario mínimo. Los efectos sobre el empleo son decrecientes en términos absolutos según tamaño de empresa: efecto moderado en grandes empresas y efectos mayores en empresas pequeñas. Finalmente, se sugiere que los cambios en el ingreso están correlacionados con los cambios en el salario mínimo, este resultado se sustenta en los movimientos de la distribución del ingreso ante cambios en el salario mínimo y según un modelo que captura los determinantes del ingreso. Los resultados son robustos a la alta rotación del mercado laboral peruano, es decir al considerar las transiciones empleo - empleo en los cálculos.

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File URL: http://departamento.pucp.edu.pe/economia/images/documentos/DDD359.pdf
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Bibliographic Info

Paper provided by Departamento de Economía - Pontificia Universidad Católica del Perú in its series Documentos de Trabajo with number 2013-359.

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Length: 41 pages
Date of creation: 2013
Date of revision:
Publication status: published
Handle: RePEc:pcp:pucwps:wp00359

Contact details of provider:
Postal: Av. Universitaria 1801, San Miguel, Lima, Perú
Phone: (511) 626-2000 ext. 4950, 4951
Fax: (511) 626-2874
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Web page: http://www.pucp.edu.pe/departamento/economia/
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Related research

Keywords: Minimum wage; Labor mobility; Income dynamics; Informality.;

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References

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  1. Michele Campolieti & Tony Fang & Morley Gunderson, 2005. "Minimum wage impacts on youth employment transitions, 1993-1999," Canadian Journal of Economics, Canadian Economics Association, vol. 38(1), pages 81-104, February.
  2. DiNardo, John & Fortin, Nicole M & Lemieux, Thomas, 1996. "Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach," Econometrica, Econometric Society, vol. 64(5), pages 1001-44, September.
  3. David Card & Alan B. Krueger, 1993. "Minimum Wages and Employment: A Case Study of the Fast Food Industry in New Jersey and Pennsylvania," NBER Working Papers 4509, National Bureau of Economic Research, Inc.
  4. van den Berg, Gerard J, 1999. "Empirical Inference with Equilibrium Search Models of the Labour Market," Economic Journal, Royal Economic Society, vol. 109(456), pages F283-306, June.
  5. Del Valle, Marielle, 2009. "Impacto del ajuste de la Remuneración Mínima Vital sobre el empleo y la informalidad," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 16, pages 83-102.
  6. Gerard J. van den Berg, 1998. "Empirical Inference with Equilibrium Search Models of the Labor Market," Tinbergen Institute Discussion Papers 98-089/3, Tinbergen Institute.
  7. Pereira, Sonia C., 2003. "The impact of minimum wages on youth employment in Portugal," European Economic Review, Elsevier, vol. 47(2), pages 229-244, April.
  8. Céspedes, Nikita, 2006. "Efectos del salario mínimo en el mercado laboral peruano," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 13.
  9. Meyer, Robert H & Wise, David A, 1983. "Discontinuous Distributions and Missing Persons: The Minimum Wage and Unemployed Youth," Econometrica, Econometric Society, vol. 51(6), pages 1677-98, November.
  10. Peter F. Orazem & J. Peter Mattila, 2002. "Minimum Wage Effects on Hours, Employment, and Number of Firms: The Iowa Case," Journal of Labor Research, Transaction Publishers, vol. 23(1), pages 3-23, January.
  11. Bell, Linda A, 1997. "The Impact of Minimum Wages in Mexico and Colombia," Journal of Labor Economics, University of Chicago Press, vol. 15(3), pages S102-35, July.
  12. David Neumark & William Wascher, 1992. "Employment effects of minimum and subminimum wages: Panel data on state minimum wage laws," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 46(1), pages 55-81, October.
  13. Miguel Jaramillo Baanante, 2012. "Ajustes del mercado laboral peruano ante cambios en el salario mínimo: la experiencia de la década del 2000," Capítulos de libros PUCP, in: Cecilia Garavito & Ismael Muñoz (ed.), EMPLEO Y PROTECCIÓN SOCIAL, edition 1, chapter 11, pages 357-402 Departamento de Economía - Pontificia Universidad Católica del Perú.
  14. repec:dgr:uvatin:2098089 is not listed on IDEAS
  15. Gerard J. van den Berg & Geert Ridder, 1998. "An Empirical Equilibrium Search Model of the Labor Market," Econometrica, Econometric Society, vol. 66(5), pages 1183-1222, September.
  16. Jose Rodriguez & Minoru Higa, 2010. "Informalidad, empleo y productividad," Documentos de Trabajo 2010-282, Departamento de Economía - Pontificia Universidad Católica del Perú.
  17. Miguel Jaramillo & Kristian López, 2006. "¿Cómo se ajusta el mercado de trabajo ante cambios en el salario mínimo en el Perú? Una evaluación de la experiencia de la última década," Documentos de Investigación dt50, Grupo de Análisis para el Desarrollo (GRADE).
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Citations

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Cited by:
  1. Nikita Céspedes & Nelson Ramírez-Rondán, 2014. "Total factor productivity estimation in Peru: Primal and dual approaches," Documentos de Trabajo 2014-377, Departamento de Economía - Pontificia Universidad Católica del Perú.
  2. Céspedes, Nikita & Rendón, Silvio, 2012. "La elasticidad de oferta laboral de Frisch en economías con alta movilidad laboral," Working Papers 2012-017, Banco Central de Reserva del Perú.

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