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A survey of the effects of the minimum wage in Latin America

By Sara Lemos

Abstract

The available empirical minimum wage literature, which is mostly based on US evidence, is not very useful for analyzing developing countries, where the minimum wage affects many more workers and labour institutions and law enforcement differ in important ways. The main contribution of this paper is to survey the existing minimum wage literature for Latin America

Topics: minimum wage, wage effect, employment effect, price effect, informal sector, cost shock.
Publisher: Dept. of Economics, University of Leicester
Year: 2007
OAI identifier: oai:lra.le.ac.uk:2381/7455

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