INCREMENTOS DEL SALARIO MÍNIMO LEGAL: ¿cuál es el impacto redistributivo del cambio en los precios relativos al consumidor?
En Colombia como en otros países en desarrollo, el Salario Mínimo Legal (SML) se utiliza como una política de ayuda a los pobres. Del lado de la producción, en la distribución factorial del ingreso, si el SML está por encima del precio de equilibrio hay una transferencia hacia los trabajadores que son remunerados por el SML. Del otro lado, como consumidores, si la población remunerada por el SML adquiere bienes y servicios que en su producción incorporan una alta participación de esta mano de obra, o aún más, destinan una gran proporción de su salario en la compra de estos bienes y servicios, pueden salir desfavorecidos antes que favorecidos por una política de ayuda a través de incrementos del SML. En este documento se investiga el efecto de los incrementos del SML sobre los precios al consumidor final por niveles de ingreso, utilizando el Índice de Precios al Consumidor (IPC) y la información sobre el mercado laboral de las encuestas de hogares del DANE. Para las principales trece áreas metropolitanas del país, por un incremento del 10% en el SML se encuentra un aumento anual de 0.61% en el nivel de precios al consumidor con una baja incidencia del SML sobre la población ocupada. Este efecto es regresivo respecto a la distribución del ingreso dado que el aumento mayor lo sufre la población del estrato de ingresos bajos, en menor magnitud la población de ingresos medios, mientras los precios que enfrenta la población de ingresos altos no experimentan aumentos. Si se agrupa la población por quintiles y deciles, según su nivel de ingreso per cápita, la distribución del impacto toma la forma de campana de Gauss, pero sigue siendo regresivo, afectando en mayor grado los hogares con ingresos bajos respecto a los de ingresos altos.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
| Length: | |
| Date of creation: | May 2010 |
| Handle: | RePEc:bdr:borrec:598 |
| Contact details of provider: | Postal: Cra 7 # 14-78 Semi-sótano Phone: (57-1) 3431111 Fax: (57-1) 2841686 Web page: http://www.banrep.gov.co/es/publicaciones-buscador/23 Email: More information through EDIRC
|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sara Lemos, 2005. "Minimum Wage Effects on Wages, Employment and Prices: Implications for Poverty Alleviation in Brazil," Discussion Papers in Economics 05/15, Department of Economics, University of Leicester.
- Freeman, Richard B, 1996. "The Minimum Wage as a Redistributive Tool," Economic Journal, Royal Economic Society, vol. 106(436), pages 639-649, May.
- Hugo López Castaño, 2010.
"EL MERCADO LABORAL COLOMBIANO: Tendencias de largo plazo y sugerencias de política,"
BORRADORES DE ECONOMIA
007046, BANCO DE LA REPÚBLICA.
- Hugo López Castaño, 2010. "EL MERCADO LABORAL COLOMBIANO: Tendencias de largo plazo y sugerencias de política," Borradores de Economia 606, Banco de la Republica de Colombia.
- Lawrence F. Katz & Alan B. Krueger, 1992. "The Effect of the Minimum Wage on the Fast-Food Industry," ILR Review, Cornell University, ILR School, vol. 46(1), pages 6-21, October.
- Lawrence F. Katz & Alan B. Krueger, 1992. "The Effect of the Minimum Wage on the Fast Food Industry," NBER Working Papers 3997, National Bureau of Economic Research, Inc.
- Katz, L.F. & Krueger, A.B., 1992. "The Effect of the Minimum Wage on the Fast Food Industry," Harvard Institute of Economic Research Working Papers 1584, Harvard - Institute of Economic Research.
- Lawrence F. Katz & Alan B. Krueger, 1992. "The Effect of the Minimum Wage on the Fast Food Industry," Working Papers 678, Princeton University, Department of Economics, Industrial Relations Section..
- Arellano, Manuel & Bover, Olympia, 1995. "Another look at the instrumental variable estimation of error-components models," Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
- M Arellano & O Bover, 1990. "Another Look at the Instrumental Variable Estimation of Error-Components Models," CEP Discussion Papers dp0007, Centre for Economic Performance, LSE.
- Sloane, P J & Theodossiou, I, 1996. "Earnings Mobility, Family Income and Low Pay," Economic Journal, Royal Economic Society, vol. 106(436), pages 657-666, May.
- Carlos Arango & Angélica Pachón, 2004. "Minimum Wages in Colombia: Holding the Middle with a Bite," BORRADORES DE ECONOMIA 003224, BANCO DE LA REPÚBLICA.
- Lee, Dongin & Schmidt, Peter, 1996. "On the power of the KPSS test of stationarity against fractionally-integrated alternatives," Journal of Econometrics, Elsevier, vol. 73(1), pages 285-302, July.
- Lee, D. & Schmidt, P., 1993. "On the Power of the KPSS Test of Stationarity Against Fractionally-Integrated Alternatives," Papers 9111, Michigan State - Econometrics and Economic Theory.
- Kwiatkowski, Denis & Phillips, Peter C. B. & Schmidt, Peter & Shin, Yongcheol, 1992. "Testing the null hypothesis of stationarity against the alternative of a unit root : How sure are we that economic time series have a unit root?," Journal of Econometrics, Elsevier, vol. 54(1-3), pages 159-178.
- Kwiatkowski, D. & Phillips, P.C.B. & Schmidt, P., 1990. "Testing the Null Hypothesis of Stationarity Against the Alternative of Unit Root : How Sure are we that Economic Time Series have a Unit Root?," Papers 8905, Michigan State - Econometrics and Economic Theory.
- Denis Kwiatkowski & Peter C.B. Phillips & Peter Schmidt, 1991. "Testing the Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That Economic Time Series Have a Unit Root?," Cowles Foundation Discussion Papers 979, Cowles Foundation for Research in Economics, Yale University.
- repec:sae:ilrrev:v:49:y:1996:i:3:p:547-552 is not listed on IDEAS
- Daniel Aaronson, 2001. "Price Pass-Through And The Minimum Wage," The Review of Economics and Statistics, MIT Press, vol. 83(1), pages 158-169, February.
- Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Oxford University Press, vol. 58(2), pages 277-297.
- Tom Doan, "undated". "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- Sara Lemos, 2004. "The Effect of the Minimum Wage on Prices across Income Levels in Brazil," Discussion Papers in Economics 04/22, Department of Economics, University of Leicester.
- Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
- R Blundell & Steven Bond, "undated". "Initial conditions and moment restrictions in dynamic panel data model," Economics Papers W14&104., Economics Group, Nuffield College, University of Oxford.
- Richard Blundell & Stephen Bond, 1995. "Initial conditions and moment restrictions in dynamic panel data models," IFS Working Papers W95/17, Institute for Fiscal Studies.
- Blundell, R. & Bond, S., 1995. "Initial Conditions and Moment Restrictions in Dynamic Panel Data Models," Economics Papers 104, Economics Group, Nuffield College, University of Oxford.
- Luis Eduardo Arango & Luz Karine Ardila & Miguel Ignacio Gömez, 2010. "Efecto del cambio del salario mínimo en el precio de las comidas fuera del hogar en Colombia," Borradores de Economia 584, Banco de la Republica de Colombia.
- Luis Eduardo Arango & Luz Karine Ardila & Miguel Igancio Gómez, 2010. "Efecto del cambio del salario mínimo en el precio de las comidas fuera del hogar en Colombia," BORRADORES DE ECONOMIA 006621, BANCO DE LA REPÚBLICA.
- repec:fth:prinin:298 is not listed on IDEAS
- Bell, David N F & Wright, Robert E, 1996. "The Impact of Minimum Wages on the Wages of the Low Paid: Evidence from the Wage Boards and Councils," Economic Journal, Royal Economic Society, vol. 106(436), pages 650-656, May.
- David N.F. Bell & Robert E. Wright & The Centre for Economic Policy Research, "undated". "The Impact of Minimum Wages on the Wages of the Low Paid: Evidence from the Wage Boards and Councils," Working Papers Series 96/5, University of Stirling, Division of Economics.
- Machin, Stephen & Manning, Alan, 1996. "Employment and the Introduction of a Minimum Wage in Britain," Economic Journal, Royal Economic Society, vol. 106(436), pages 667-676, May. Full references (including those not matched with items on IDEAS)
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.
When requesting a correction, please mention this item's handle: RePEc:bdr:borrec:598. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Clorith Angélica Bahos Olivera)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.