Aspects of Minimum Wage Systems in Latin America

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Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Aspects of Minimum Wage Systems in Latin America by : Carlos Vilá

Download or read book Aspects of Minimum Wage Systems in Latin America written by Carlos Vilá and published by . This book was released on 1967 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Do Minimum Wages in Latin America and the Caribbean Matter?

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4./5 ( download)

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Book Synopsis Do Minimum Wages in Latin America and the Caribbean Matter? by : Nicolai Kristensen

Download or read book Do Minimum Wages in Latin America and the Caribbean Matter? written by Nicolai Kristensen and published by World Bank Publications. This book was released on 2006 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Despite the existence of minimum wage legislation in most Latin American countries, there is little empirical evidence demonstrating its impact on the distribution of wages. In this study the authors analyze cross-country data for 19 Latin American and Caribbean (LAC) countries to gain an understanding of if and how minimum wages affect wage distributions in LAC countries. Although there is no single minimum wage institution in the LAC region, the authors find regional trends. Minimum wages affect the wage distribution in both the formal and, especially, the informal sector, both at the minimum wage and at multiples of the minimum. The minimum does not uniformly benefit low-wage workers: in countries where the minimum wage is relatively low compared to mean wages, the minimum wage affects the more disadvantaged segments of the labor force, namely informal sector workers, women, young and older workers, and the low skilled, but in countries where the minimum wage is relatively high compared to the wage distribution, it primarily affects wages of the high skilled. This indicates that the minimum does not generally lift the wages of all, but instead, it offers a wage into which employers can "lock in" wages that are already near that level. Thus, minimum wage legislation is more far-reaching than originally thought, affecting both the uncovered informal sector and those earning above the minimum. In addition, the relative level of the minimum wage is important for determining whose wages are affected. "--World Bank web site.

Minimum Wages in Latin America

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ISBN 13 :
Total Pages : 198 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Minimum Wages in Latin America by : International Labour Office

Download or read book Minimum Wages in Latin America written by International Labour Office and published by . This book was released on 1954 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Measuring the Impact of Minimum Wages

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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Book Synopsis Measuring the Impact of Minimum Wages by : William Francis Maloney

Download or read book Measuring the Impact of Minimum Wages written by William Francis Maloney and published by World Bank Publications. This book was released on 2003 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Do Minimum Wages in Latin America and the Caribbean Matter? Evidence from 19 Countries

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis Do Minimum Wages in Latin America and the Caribbean Matter? Evidence from 19 Countries by : Nicolai Kristensen

Download or read book Do Minimum Wages in Latin America and the Caribbean Matter? Evidence from 19 Countries written by Nicolai Kristensen and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the existence of minimum wage legislation in most Latin American countries, there is little empirical evidence demonstrating its impact on the distribution of wages. In this study the authors analyze cross-country data for 19 Latin American and Caribbean (LAC) countries to gain an understanding of if and how minimum wages affect wage distributions in LAC countries. Although there is no single minimum wage institution in the LAC region, the authors find regional trends. Minimum wages affect the wage distribution in both the formal and, especially, the informal sector, both at the minimum wage and at multiples of the minimum. The minimum does not uniformly benefit low-wage workers: in countries where the minimum wage is relatively low compared to mean wages, the minimum wage affects the more disadvantaged segments of the labor force, namely informal sector workers, women, young and older workers, and the low skilled, but in countries where the minimum wage is relatively high compared to the wage distribution, it primarily affects wages of the high skilled. This indicates that the minimum does not generally lift the wages of all, but instead, it offers a wage into which employers can "lock in" wages that are already near that level. Thus, minimum wage legislation is more far-reaching than originally thought, affecting both the uncovered informal sector and those earning above the minimum. In addition, the relative level of the minimum wage is important for determining whose wages are affected.

Minimum Wages and Pay Equity in Latin America

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ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Minimum Wages and Pay Equity in Latin America by : Damian Grimshaw

Download or read book Minimum Wages and Pay Equity in Latin America written by Damian Grimshaw and published by . This book was released on 2003 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Minimum Wages in Latin America

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Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis Minimum Wages in Latin America by :

Download or read book Minimum Wages in Latin America written by and published by . This book was released on 1954 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wage Inequality in Latin America

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Publisher : World Bank Publications
ISBN 13 : 1464810400
Total Pages : 226 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Wage Inequality in Latin America by : Julián Messina

Download or read book Wage Inequality in Latin America written by Julián Messina and published by World Bank Publications. This book was released on 2017-12-28 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: What caused the decline in wage inequality of the 2000s in Latin America? Looking to the future, will the current economic slowdown be regressive? Wage Inequality in Latin America: Understanding the Past to Prepare for the Future addresses these two questions by reviewing relevant literature and providing new evidence on what we know from the conceptual, empirical, and policy perspectives. The answer to the fi rst question can be broken down into several parts, although the bottom line is that the changes in wage inequality resulted from a combination of three forces: (a) education expansion and its eff ect on falling returns to skill (the supply-side story); (b) shifts in aggregate domestic demand; and (c) exchange rate appreciation from the commodity boom and the associated shift to the nontradable sector that changed interfi rm wage diff erences. Other forces had a non-negligible but secondary role in some countries, while they were not present in others. These include the rapid increase of the minimum wage and a rapid trend toward formalization of employment, which played a supporting role but only during the boom. Understanding the forces behind recent trends also helps to shed light on the second question. The analysis in this volume suggests that the economic slowdown is putting the brakes on the reduction of inequality in Latin America and will likely continue to do so—but it might not actually reverse the region’s movement toward less wage inequality.

Minimum Wages and Social Policy

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Publisher : World Bank Publications
ISBN 13 : 082137012X
Total Pages : 154 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Minimum Wages and Social Policy by : Wendy V. Cunningham

Download or read book Minimum Wages and Social Policy written by Wendy V. Cunningham and published by World Bank Publications. This book was released on 2007 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering evidence from both detailed individual country studies and homogenized statistics across the Latin American and Caribbean region, this book examines the impact of the minimum wage on wages, employment, poverty, income distribution and government budgets in the context of a large informal sector and predominantly unskilled workforces.

The Causal Role of Minimum Wages in Six Latin American Labor Markets

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Causal Role of Minimum Wages in Six Latin American Labor Markets by : Martin Paldam

Download or read book The Causal Role of Minimum Wages in Six Latin American Labor Markets written by Martin Paldam and published by . This book was released on 1987 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Market Policies in Canada and Latin America: Challenges of the New Millennium

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Publisher : Springer Science & Business Media
ISBN 13 : 147573347X
Total Pages : 311 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Labor Market Policies in Canada and Latin America: Challenges of the New Millennium by : R. Albert Berry

Download or read book Labor Market Policies in Canada and Latin America: Challenges of the New Millennium written by R. Albert Berry and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canada and the countries of Latin America are in the midst of major changes and choices in the area of labor markets and related social policy. These decisions are likely to have profound consequences for the quality of life of workers throughout the hemisphere. Labor Market Policies in Canada and Latin America: Challenges of the New Millennium reviews the evidence of Canada and Latin America on three major labor policy instruments - unemployment insurance, minimum wages and training - and on the effects of the payroll taxes which are the main means of funding the unemployment insurance system and other components of social expenditure. This is the first study attempting an in-depth comparison of these labor policy instruments between Canada and Latin America. The useful juxtaposition of Canadian and Latin American experiences comes at a time when the trend in Canada is to back away from the perhaps overly generous or ineffectively administered elements of the labor legislation/social security net and when Latin American countries have undertaken significant reforms of their past systems but require further changes to move toward the sorts of legislation and support systems that characterize developed countries. The experiences of Canada and Latin America are mutually relevant since all are small economies forced to adjust to events at the world or hemispheric level and most are inclined to approach policy in an intermediate fashion which falls between the more market-oriented American and the more interventionist European models. Together with its comparative aspect, this volume attempts a more balanced and in-depth assessment in each of the policy areas than has hitherto been available. The gradually increasing base of available empirical data on the period after the reforms has been used in the studies, which provide thorough syntheses of the available research for Canada and Latin America.

Law and Employment

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Publisher : University of Chicago Press
ISBN 13 : 0226322858
Total Pages : 585 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Law and Employment by : James J. Heckman

Download or read book Law and Employment written by James J. Heckman and published by University of Chicago Press. This book was released on 2007-11-01 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.

Minimum Wages and Social Policy

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Publisher :
ISBN 13 : 9786610940486
Total Pages : 188 pages
Book Rating : 4.9/5 (44 download)

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Book Synopsis Minimum Wages and Social Policy by : Wendy V. Cunningham

Download or read book Minimum Wages and Social Policy written by Wendy V. Cunningham and published by . This book was released on 2007 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering evidence from both detailed individual country studies and homogenized statistics across the Latin American and Caribbean region, this book examines the impact of the minimum wage on wages, employment, poverty, income distribution and government budgets in the context of a large informal sector and predominantly unskilled workforces.

Global Wage Report 2020-21

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Publisher :
ISBN 13 : 9789220319482
Total Pages : 0 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Global Wage Report 2020-21 by : INTERNATIONAL LABOUR OFFICE.

Download or read book Global Wage Report 2020-21 written by INTERNATIONAL LABOUR OFFICE. and published by . This book was released on 2020-12-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ILO flagship report examines the evolution of real wages around the world, giving a unique picture of wage trends globally and by region. The 2020-21 edition analyses the relationship of minimum wages and inequality, as well as the wage impacts of the COVID-19 crisis. The 2020-21 edition also reviews minimum wage systems across the world and identifies the conditions under which minimum wages can reduce inequality. The report presents comprehensive data on levels of minimum wages, their effectiveness, and the number and characteristics of workers paid at or below the minimum. The report highlights how adequate minimum wages, statutory or negotiated, can play a key role in a human-centred recovery from the crisis

Economic Reforms, Growth and Inequality in Latin America

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Publisher : Ashgate Publishing, Ltd.
ISBN 13 :
Total Pages : 428 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Economic Reforms, Growth and Inequality in Latin America by : Gustavo Indart

Download or read book Economic Reforms, Growth and Inequality in Latin America written by Gustavo Indart and published by Ashgate Publishing, Ltd.. This book was released on 2004 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume focus on the theoretical issues and the recent empirical record on key elements of income distribution determinants, labour market functioning, the role of trade and trade policies, and the interaction among these elements, with particular reference to Latin America.

The Fundamentals of Minimum Wage Fixing

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Publisher : International Labour Organization
ISBN 13 : 9789221170143
Total Pages : 154 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis The Fundamentals of Minimum Wage Fixing by : François Eyraud

Download or read book The Fundamentals of Minimum Wage Fixing written by François Eyraud and published by International Labour Organization. This book was released on 2005 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual draws on the ILO's comprehensive database containing the principal legal provisions and minimum wage fixing mechanisms in 100 countries. The minimum wage has had a long and turbulent history, and this study sheds light on its intricacies by providing a thorough overview of the institutions and practices in different countries. It outlines the main topics for debate concerning the effects of minimum wages on major social and economic variables such as employment, wage inequality, and poverty. The book considers the various procedures countries use for implementation, including the criteria employed to fix the minimum wage, and how they are linked to specific country objectives. It then measures the efficiency of the minimum wage, and focuses on its impact on employment as a major political issue. For the benefit of non-specialists, the validity of econometric models and their results are examined.

International Labor

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Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis International Labor by :

Download or read book International Labor written by and published by . This book was released on 1967 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: