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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Bibliographic Details
Main Author: Maloney, William Francis
Corporate Author: World Bank Latin America and the Caribbean Regional Office
Other Authors: Núñez Méndez, Jairo, Cunningham, Wendy V.
Format: eBook
Language:English
Published: World Bank, Latin America and the Caribbean Region, Poverty Sector Unit and Office of the Chief Economicst 2001
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
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
Item Description:"April 2001. - Includes bibliographical references. (p. 18-20). - Title from title screen as viewed on Sept. 11, 2002