This paper investigates the impact of the minimum wage on individuals' schooling decisions and the type of human capital acquired by students. Using Canadian longitudinal data, we explore 136 minimum wage amendments across provincial jurisdictions, and find three novel results. First, the...

Latin American countries have some of the highest levels of income inequality in the world. However, earnings inequality significantly changed over the last three decades, increasing during the 1980s and 1990s, declining sharply in the 2000s, and stagnating or even increasing in some countries...

Workers acquire skills through formal schooling, through training provided by governments, and through training provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in recent years despite the sizable contribution of firm...

This paper analyzes the role of Uruguay's sharp minimum wage increases after 2004 amidst the country's slight wage inequality decrease. We found that the minimum wage increase has contributed to the reduction of wage inequality for formal workers mainly. However, we also found a negative impact...

The report explores the impact of the crisis on the labor market efficiency in Bulgaria and the trends for its recovery. The main focus is set on one of the sub-criteria of the seventh pillar of the competitiveness evaluation, examined annually by the World Economic Forum. In particular, subject...

Die Debatte um einen allgemeinen gesetzlichen Mindestlohn in Deutschland hält an. Mittlerweile sind die branchenbezogenen Mindestlöhne umfassend evaluiert worden. In diesem Beitrag werden die empirischen Untersuchungen zu den Lohn- und Beschäftigungswirkungen des Mindestlohnes im deutschen...

Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market characteristics. Minimum wages target formal sector workers—a minority in most developing countries—many of whom do not live in poor households. Whether raising minimum wages...

Seit Januar 2015 gilt in Deutschland ein gesetzlicher Mindestlohn von 8,50 € pro Stunde. Die Mindestlohneinführung ist Teil eines Gesetzes zur Stärkung der Tarifautonomie, das darauf abzielt, die Tarifbindung wieder zu erhöhen und Allgemeinverbindlicherklärungen zu erleichtern. In diesem...

The official data in relation to salaries paid in Spain from 1999 to 2014 has been analyzed. The inadequate data format does not reflect the whole salary distribution. Fréchet distributions have been fitted to the data. This simple distribution has similar accuracy in relation to the data when...