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The authors provide an overview of minimum wage levels in Latin America and their true impact on the distribution of wages, using both numerical measures and kernal density plots for eight countries (Argentina, Bolivia, Brazil, Chile, Colombia, Honduras, Mexico, and Uruguay).

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On average, Honduran minimum wages increased by 10.8 percent over this period, but variation across the 23 initial categories includes declines of -11.1 percent (because of inflation) and increases as high as 204.5 percent, as Figure 1 shows. Figure 1: Annual variation across minimum wage categories

rise in the minimum wage forces some workers into jobs earning below what they did before. The available empirical evidence for Latin America is ambiguous. Morely (1992) and de Janvry and Sadoulet (1996) find that poverty falls with a rise in the minimum wage, but only for periods of recovery in the former study and only in periods

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Minimum Wages Are Somewhat Binding35 Minimum Wage Policies Increase Wages throughout the Wage Distribution 38 The Level of the Minimum Wage Determines Whether It Increases or Decreases Wage Inequality41 Wage Benefits Are Not Concentrated on Any Particular Group of Workers 42 Minimum Wages Increase Unemployment 44 Subnational Minimum Wages Are …

Minimum wage—Latin America. 2. Social policy—Latin America. I.Title. HD4920.L38C86 2007 331.2'3098—dc22 2007003319. Acknowledgmentsix Introductionxi Chapter 1 Overview1 ... minimum wage has modest impacts on wages and employment (mostly with respect to youth), with few poverty or inequality impacts, but there

Using data between 2004 and 2014, the analysis indicates that a 10 percent increase in the minimum wages brings about a slightly positive effect on employment in the covered sector, with an estimated employment elasticity of 0.113, which is within the range of elasticities found in previous studies of employment effects of minimum wages in low ...

p = wage percentile. “south America” includes Argentina, Brazil, Chile, ecuador, and Uruguay. “Central America and mexico” includes Costa rica, Honduras, mexico, and Panama. 60 55 50 Gini points, average 45 40 35 1.8 1.7 1.6 1.5 Index of real hourly wage 1.41.3 Index of real hourly wage 1.2 1.1 1.0 0.9 0.8 1.4