Aumento del Salario Mínimo y sus Efectos sobre el Mercado Laboral

Gonzalo Castex

Working Papers Central Bank of Chile from Central Bank of Chile

Abstract: This paper presents some stylized facts about the minimum wage and the labor market in Chile, using primarily Casen survey data and the Supplementary Income Survey (ESI). About 4% of workers (employees) are allocated to the minimum wage in Chile (Casen 2011). Whereas a static analysis, a minimum wage increase to $193,000 coverage imply that workers subject to minimum wage would increase marginally. In terms of economic sectors, agriculture, community and social services, and retail, covers 71% of the workers concerned by the minimum wage. When considering intra-sector statistics, the sectors with the highest fraction of workers covered by the minimum wage are agriculture (10.4%) and retail (4.9%).

Date: 2013-06
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Journal Article: Aumento del Salario Mínimo y sus Efectos sobre el Mercado Laboral (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:chb:bcchwp:690

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