The impact of the minimum wage on income and employment in Mexico
This article analyses the effects of a rise in the minimum wage on wages and employment in Mexico. The source of variation is the equalization in late 2012 of the minimum wage in two areas of the country. Using the National Occupation and Employment Survey (ENOE), econometric analyses are performed of cross-section and individual panel data. The results of the first indicate that, on average, the hourly wage in zone B rose by between 1.6% and 2.6% for workers overall and between 1.8% and 3.3% for wage workers. The panel analysis yields similar results. Although the cross-section analysis does not show an impact in terms of employment, the panel data indicate that the probability of being an informal (formal) worker falls (rises) among those affected by the wage rise policy.
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| Format: | Texto biblioteca |
| Language: | English |
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2017-08
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| Subjects: | SALARIO MINIMO, EMPLEO, INGRESOS, ANALISIS ECONOMICO, MODELOS ECONOMETRICOS, MINIMUM WAGE, EMPLOYMENT, INCOME, ECONOMIC ANALYSIS, ECONOMETRIC MODELS, |
| Online Access: | https://hdl.handle.net/11362/42667 |
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dig-cepal-11362-426672023-01-30T18:19:36Z The impact of the minimum wage on income and employment in Mexico Campos, Raymundo M. Esquivel, Gerardo Santillán, Alma S. SALARIO MINIMO EMPLEO INGRESOS ANALISIS ECONOMICO MODELOS ECONOMETRICOS MINIMUM WAGE EMPLOYMENT INCOME ECONOMIC ANALYSIS ECONOMETRIC MODELS This article analyses the effects of a rise in the minimum wage on wages and employment in Mexico. The source of variation is the equalization in late 2012 of the minimum wage in two areas of the country. Using the National Occupation and Employment Survey (ENOE), econometric analyses are performed of cross-section and individual panel data. The results of the first indicate that, on average, the hourly wage in zone B rose by between 1.6% and 2.6% for workers overall and between 1.8% and 3.3% for wage workers. The panel analysis yields similar results. Although the cross-section analysis does not show an impact in terms of employment, the panel data indicate that the probability of being an informal (formal) worker falls (rises) among those affected by the wage rise policy. 2017-12-14T20:55:57Z 2017-12-14T20:55:57Z 2017-08 Texto Sección o Parte de un Documento https://hdl.handle.net/11362/42667 LC/PUB.2017/10-P 9 en CEPAL Review CEPAL Review 122 .pdf application/pdf MEXICO MEXICO |
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SALARIO MINIMO EMPLEO INGRESOS ANALISIS ECONOMICO MODELOS ECONOMETRICOS MINIMUM WAGE EMPLOYMENT INCOME ECONOMIC ANALYSIS ECONOMETRIC MODELS SALARIO MINIMO EMPLEO INGRESOS ANALISIS ECONOMICO MODELOS ECONOMETRICOS MINIMUM WAGE EMPLOYMENT INCOME ECONOMIC ANALYSIS ECONOMETRIC MODELS |
| spellingShingle |
SALARIO MINIMO EMPLEO INGRESOS ANALISIS ECONOMICO MODELOS ECONOMETRICOS MINIMUM WAGE EMPLOYMENT INCOME ECONOMIC ANALYSIS ECONOMETRIC MODELS SALARIO MINIMO EMPLEO INGRESOS ANALISIS ECONOMICO MODELOS ECONOMETRICOS MINIMUM WAGE EMPLOYMENT INCOME ECONOMIC ANALYSIS ECONOMETRIC MODELS Campos, Raymundo M. Esquivel, Gerardo Santillán, Alma S. The impact of the minimum wage on income and employment in Mexico |
| description |
This article analyses the effects of a rise in the minimum wage on wages and employment in Mexico. The source of variation is the equalization in late 2012 of the minimum wage in two areas of the country. Using the National Occupation and Employment Survey (ENOE), econometric analyses are performed of cross-section and individual panel data. The results of the first indicate that, on average, the hourly wage in zone B rose by between 1.6% and 2.6% for workers overall and between 1.8% and 3.3% for wage workers. The panel analysis yields similar results. Although the cross-section analysis does not show an impact in terms of employment, the panel data indicate that the probability of being an informal (formal) worker falls (rises) among those affected by the wage rise policy. |
| format |
Texto |
| topic_facet |
SALARIO MINIMO EMPLEO INGRESOS ANALISIS ECONOMICO MODELOS ECONOMETRICOS MINIMUM WAGE EMPLOYMENT INCOME ECONOMIC ANALYSIS ECONOMETRIC MODELS |
| author |
Campos, Raymundo M. Esquivel, Gerardo Santillán, Alma S. |
| author_facet |
Campos, Raymundo M. Esquivel, Gerardo Santillán, Alma S. |
| author_sort |
Campos, Raymundo M. |
| title |
The impact of the minimum wage on income and employment in Mexico |
| title_short |
The impact of the minimum wage on income and employment in Mexico |
| title_full |
The impact of the minimum wage on income and employment in Mexico |
| title_fullStr |
The impact of the minimum wage on income and employment in Mexico |
| title_full_unstemmed |
The impact of the minimum wage on income and employment in Mexico |
| title_sort |
impact of the minimum wage on income and employment in mexico |
| publishDate |
2017-08 |
| url |
https://hdl.handle.net/11362/42667 |
| work_keys_str_mv |
AT camposraymundom theimpactoftheminimumwageonincomeandemploymentinmexico AT esquivelgerardo theimpactoftheminimumwageonincomeandemploymentinmexico AT santillanalmas theimpactoftheminimumwageonincomeandemploymentinmexico AT camposraymundom impactoftheminimumwageonincomeandemploymentinmexico AT esquivelgerardo impactoftheminimumwageonincomeandemploymentinmexico AT santillanalmas impactoftheminimumwageonincomeandemploymentinmexico |
| _version_ |
1756512884828930048 |