Assessing the Distributive Impact of More than Doubling the Minimum Wage: The Case of Uruguay
AbstractThis paper analyzes the role of the sharply increases in the minimum wage after 2004 in Uruguay in the slight decrease on wage inequality. We Önd no impact of the miminum wage increases on wage inequality. This results can be explained by the low starting level of the minimum wage or lack of compliance with it. The Uruguayan experience shows that the minimum wage is not always e§ective as a redistribution instrument.
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Bibliographic InfoPaper provided by Department of Economics - dECON in its series Documentos de Trabajo (working papers) with number 1711.
Length: 31 pages
Date of creation: Aug 2011
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minimum wage; wage inequality; IV; semiparametric estimation;
Find related papers by JEL classification:
- J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-09-22 (All new papers)
- NEP-IUE-2011-09-22 (Informal & Underground Economics)
- NEP-LAB-2011-09-22 (Labour Economics)
- NEP-LAM-2011-09-22 (Central & South America)
- NEP-LMA-2011-09-22 (Labor Markets - Supply, Demand, & Wages)
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