The distributive impacts of the minimum wage in Latin America: The cases of Argentina, Brazil, Chile and Uruguay

Over the last decade a recovery in the real value of the minimum wage was observed in Latin American countries. This study analyzes the distributive impacts of this process in four countries in the region, Argentina, Brazil, Chile and Uruguay. From semi-parametric techniques that allow estimating co...

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Autores principales: Maurizio, Roxana, Vázquez, Gustavo
Formato: Artículo publishedVersion
Lenguaje:Español
Publicado: Instituto Interdisciplinario de Economía Política (IIEP UBA-CONICET) 2022
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Acceso en línea:https://ojs.economicas.uba.ar/DT-IIEP/article/view/2627
https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=dociiep&d=2627_oai
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Sumario:Over the last decade a recovery in the real value of the minimum wage was observed in Latin American countries. This study analyzes the distributive impacts of this process in four countries in the region, Argentina, Brazil, Chile and Uruguay. From semi-parametric techniques that allow estimating counterfactual density functions is found that, with the exception of Chile, in the remaining three countries these changes have been equalizing, explaining a significant portion of the decline in inequality. In turn, this reduction has been caused by the wage compression at the bottom part of the distribution.