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Author : Damian Grimshaw
Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.E/5 ( download)
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:
Author : Nicolai Kristensen
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4./5 ( download)
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.
Author : International Labour Office
Publisher :
ISBN 13 :
Total Pages : 198 pages
Book Rating : 4.3/5 (121 download)
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:
Author : William Francis Maloney
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)
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.
Author : Nicolai Kristensen
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)
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.
Author :
Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.:/5 ( download)
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:
Author : Julián Messina
Publisher : World Bank Publications
ISBN 13 : 1464810400
Total Pages : 226 pages
Book Rating : 4.4/5 (648 download)
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.
Author : Wendy V. Cunningham
Publisher : World Bank Publications
ISBN 13 : 082137012X
Total Pages : 154 pages
Book Rating : 4.8/5 (213 download)
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.
Author : Carlos Vilá
Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.E/5 ( download)
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:
Author : Martin Paldam
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 ( download)
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:
Author : George Psacharopoulos
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 284 pages
Book Rating : 4.F/5 ( download)
Download or read book Women's Employment and Pay in Latin America written by George Psacharopoulos and published by World Bank Publications. This book was released on 1992 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hugo Nopo
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (65 download)
Download or read book New Century, Old Disparities written by Hugo Nopo and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Inter-American Development Bank
Publisher : IDB
ISBN 13 : 9781931003506
Total Pages : 330 pages
Book Rating : 4.0/5 (35 download)
Download or read book Good Jobs Wanted written by Inter-American Development Bank and published by IDB. This book was released on 2003 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation There is a widespread perception that the structural reforms implemented in Latin America in the 1990s have failed to spur employment growth. This perception is fueled by rising unemployment, slow wage growth, rising wage inequalities and a heightened sense of economic insecurity. This year's edition of Economic and Social Progress in Latin America investigates whether this disappointing outcome can be explained by an abnormal adjustment to rapid changes in goods and capital markets, increased female participation in the workplace, technological change, and secular changes in the sector composition of output. In particular, the book examines whether there are important demands for change that are being thwarted by inappropriate institutions and rigidities. The report documents unemployment and underemployment, employment creation and destruction, productivity growth, and the wage level and inequality. It includes a CD-ROM with data on labor markets in the region.
Author : Indermit Singh Gill
Publisher : World Bank Publications
ISBN 13 : 0821351117
Total Pages : 300 pages
Book Rating : 4.8/5 (213 download)
Download or read book Crafting Labor Policy written by Indermit Singh Gill and published by World Bank Publications. This book was released on 2002-01-01 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite success in other areas of economic reform over the past ten years, Argentina, Brazil, and Chile continue to face significant labour policy issues. This volume contains a number of papers which discuss these regional issues with a focus on the period 1995-98. Many of the papers have been co-authored by leading labour economists and are based on work sponsored by the World Bank. The book also includes an introductory chapter which summarises labour market reforms in Latin America since the late 1980's, as well as a concluding chapter which analyses the main results and policy implications for the region.
Author : Mr.Antonio David
Publisher : International Monetary Fund
ISBN 13 : 1513523759
Total Pages : 27 pages
Book Rating : 4.5/5 (135 download)
Download or read book Labor Market Dynamics, Informality and Regulations in Latin America written by Mr.Antonio David and published by International Monetary Fund. This book was released on 2020-01-31 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor markets in Latin America and the Caribbean (LAC) are characterized by high levels of informality and relatively rigid regulation. This paper shows that these two features are related and together make the speed of adjustment of employment to shocks slower, especially when regulations are tightly enforced. Evidence suggests that strict labor market regulations also have an adverse effect on medium-term growth. While both regulations on prices (minimum wages) and quantities (employment protection) decrease the speed of adjustment to shocks, they appear to be binding in different phases of the cycle—the former affects mostly the (net) job creation margin and the latter the (net) job destruction margin. The results also highlight possible interactions between labor market regulations and the effectiveness of macro-stabilization tools—including exchange rate depreciation.
Author : Carolina Sánchez-Páramo
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4./5 ( download)
Download or read book Off and Running? written by Carolina Sánchez-Páramo and published by World Bank Publications. This book was released on 2003 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors describe the evolution of relative wages in five Latin American countries-Argentina, Brazil, Chile, Colombia, and Mexico. They use repeated cross-sections of household surveys, and decompose the evolution of relative wages into factors associated with changes in relative supply and relative demand. The authors have three main conclusions: 1) Increases in the relative wages of the most skilled (university-educated) workers took place concurrently with increases in their relative abundance in all of the countries except Brazil. This is strong evidence of increases in the demand for skilled workers. 2) Increases in the wage bill of skilled workers occurred largely within sectors, and in the same sectors in different countries, which is consistent with skill-biased technological change. 3) Trade appears to be an important transmission mechanism. Increases in the demand for the most skilled workers took place at a time when countries in Latin America considerably increased the penetration of imports, including imports of capital goods. The authors show that changes in the volume and research and development intensity of imports are significantly related to changes in the demand for more skilled workers in Latin America. Their research complements earlier work on the effects of technology transmitted through trade on productivity and on the demand for skilled labor.
Author : James J. Heckman
Publisher : University of Chicago Press
ISBN 13 : 0226322858
Total Pages : 585 pages
Book Rating : 4.2/5 (263 download)
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.
