Measuring the impact of minimum wages evidence from Latin America
Simple numerical measures of the minimum wage may offer deceptive indicators of its impact. Alternative measures, such as kernel density or cumulative distribution plots, are more reliable, and highlight influences higher in the wage distribution or on the informal sector. Panel employment data from...
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Corporate Author: | |
Other Authors: | , |
Format: | eBook |
Language: | English |
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World Bank, Latin America and the Caribbean Region, Poverty Sector Unit and Office of the Chief Economicst
2001
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Series: | Policy research working paper
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Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
Summary: | Simple numerical measures of the minimum wage may offer deceptive indicators of its impact. Alternative measures, such as kernel density or cumulative distribution plots, are more reliable, and highlight influences higher in the wage distribution or on the informal sector. Panel employment data from Colombia, where minimum wages seem high and binding, show that the minimum wage can have important impacts on wages and unemployment across the wage distribution |
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Item Description: | "April 2001. - Includes bibliographical references. (p. 18-20). - Title from title screen as viewed on Sept. 11, 2002 |