Minimum wage (MW) policies are an old and controversial tradition in Latin America. This controversy develops principally on the different effects that in standard economic analysis are associated to MW policies such as creation of larger unemployment, higher inflation and poorer generation of new job places in the economy. The crucial element in those analyses is the role played by MWs in explaining the movements in the average wage. In this paper...
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详细
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1986/12/01
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部门工作文件
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DRD219
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1
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1
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2013/06/05
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Disclosed
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Minimum wages and average wages, analyzing the causality : the cases of Argentina, Brazil and Chile
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Minimum wages