Engbom, Niklas; Moser, Christian - National Bureau of Economic Research - 2021
We show that a rise in the minimum wage accounts for a large decline in earnings inequality in Brazil since 1994. To … results imply that the minimum wage has far-reaching spillover effects on wages higher up in the distribution, accounting for … one-third of the 25.9 log point fall in the variance of log earnings in Brazil since 1994. At the same time, the minimum …