A Survey of the Effects of the Minimum Wage in Latin America

Sara Lemos

No 07/04, Discussion Papers in Economics from Division of Economics, School of Business, University of Leicester

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. [This paper is a reproduction of Chapter 1 of Lemos' doctorate thesis, available at the library collection of the University College London. This paper contains a survey of studies available until 2003.]

Keywords: minimum wage; wage effect; employment effect; price effect; informal sector; cost shock (search for similar items in EconPapers)
JEL-codes: J38 (search for similar items in EconPapers)
Date: 2007-03
New Economics Papers: this item is included in nep-lab
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