Minimum Wages Inequality And The Informal Sector
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Minimum Wages Inequality And The Informal Sector
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Author : Rafael Machado Parente
language : en
Publisher: International Monetary Fund
Release Date : 2024-07-19
Minimum Wages Inequality And The Informal Sector written by Rafael Machado Parente and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-19 with categories.
How do minimum wages affect earnings inequality in countries with large informal sectors? I provide reduced-form evidence that the 2000s minimum wage hike in Brazil raised overall inequality by increasing inequality inside the informal sector. I develop a model where heterogeneous firms select into informality to investigate when and how raising the minimum wage can increase inequality. I calibrate the model to Brazil and find that, by generating substantial informality, the increase in the minimum wage raised overall inequality by 6.4%. These results suggest that movements into and out of the informal sector modulate the effects of formal labor legislation.
Inequality Around The World
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Author : R. Freeman
language : en
Publisher: Springer
Release Date : 2016-04-30
Inequality Around The World written by R. Freeman and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-30 with Business & Economics categories.
One of the most troubling developments of the past two decades has been the dramatic rise in inequality among nations and within nations. This book examines the nature of this development in a variety of countries and contexts - China, Russia, Australia, Latin America, Italy - where the rise of inequality has not been studied as intensively as the US or UK. It also presents analyses of some potential causes and consequences of the rise in inequality.
Inequality In The Developing World
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Author : Carlos Gradín
language : en
Publisher: Oxford University Press
Release Date : 2021-03-11
Inequality In The Developing World written by Carlos Gradín and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-11 with Business & Economics categories.
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Inequality has emerged as a key development challenge. It holds implications for economic growth and redistribution and translates into power asymmetries that can endanger human rights, create conflict, and embed social exclusion and chronic poverty. For these reasons, it underpins intense public and academic debates and has become a dominant policy concern within many countries and in all multilateral agencies. It is at the core of the 17 goals of the UN 2030 Agenda for Sustainable Development. This book contributes to this important discussion by presenting assessments of the measurement and analysis of global inequality by leading inequality scholars, aligning these to comprehensive reviews of inequality trends in five of the world's largest developing countries--Brazil, China, India, Mexico, and South Africa. Each is a persistently high or newly high inequality context and, with the changing global inequality situation as context, country chapters investigate the main factors shaping their different inequality dynamics. Particular attention is paid to how broader societal inequalities arising outside of the labour market have intersected with the rapidly changing labour market milieus of the last few decades. Collectively, these chapters provide a nuanced discussion of key distributive phenomena such as the high concentration of income among the most affluent people, gender inequalities, and social mobility. Substantive tax and social benefit policies that each country implemented to mitigate these inequality dynamics are assessed in detail. The book takes lessons from these contexts back into the global analysis of inequality and social mobility and the policies needed to address inequality.
Good Jobs Bad Jobs No Jobs
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Author : Tony Avirgan
language : en
Publisher:
Release Date : 2005
Good Jobs Bad Jobs No Jobs written by Tony Avirgan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
Analyses the informal employment situation in five countries.
Wage Inequality In Latin America
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Author : Julián Messina
language : en
Publisher: World Bank Publications
Release Date : 2017-12-28
Wage Inequality In Latin America written by Julián Messina and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-28 with Business & Economics categories.
What caused the decline in wage inequality of the 2000s in Latin America? Looking to the future, will the current economic slowdown be regressive? Wage Inequality in Latin America: Understanding the Past to Prepare for the Future addresses these two questions by reviewing relevant literature and providing new evidence on what we know from the conceptual, empirical, and policy perspectives.The answer to the fi rst question can be broken down into several parts, although the bottom line is that the changes in wage inequality resulted from a combination of three forces: (a) education expansion and its eff ect on falling returns to skill (the supply-side story); (b) shifts in aggregate domestic demand; and (c) exchange rate appreciation from the commodity boom and the associated shift to the nontradable sector that changed interfi rm wage diff erences. Other forces had a non-negligible but secondary role in some countries, while they were not present in others. These include the rapid increase of the minimum wage and a rapid trend toward formalization of employment, which played a supporting role but only during the boom.Understanding the forces behind recent trends also helps to shed light on the second question. The analysis in this volume suggests that theeconomic slowdown is putting the brakes on the reduction of inequality in Latin America and will likely continue to do so—but it might not actuallyreverse the region’s movement toward less wage inequality.
Minimum Wages And Social Policy
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Author : Wendy V. Cunningham
language : en
Publisher: World Bank Publications
Release Date : 2007
Minimum Wages And Social Policy written by Wendy V. Cunningham and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Political Science categories.
Offering evidence from both detailed individual country studies and homogenized statistics across the Latin American and Caribbean region, this book examines the impact of the minimum wage on wages, employment, poverty, income distribution and government budgets in the context of a large informal sector and predominantly unskilled workforces.
Revisiting The Informal Sector
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Author : Sarbajit Chaudhuri
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-10-15
Revisiting The Informal Sector written by Sarbajit Chaudhuri and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-15 with Business & Economics categories.
This book provides insight into the diverse aspects of the informal sector, its role in the context of unemployment, child labor, globalization and environment, as well as its multi-faceted interaction with the other sectors of the economy.
Pay Equity Minimum Wage And Equality At Work
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Author : Jill Rubery
language : en
Publisher:
Release Date : 2003
Pay Equity Minimum Wage And Equality At Work written by Jill Rubery and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Minimum wage categories.
The Fundamentals Of Minimum Wage Fixing
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Author : François Eyraud
language : en
Publisher: International Labour Organization
Release Date : 2005
The Fundamentals Of Minimum Wage Fixing written by François Eyraud and has been published by International Labour Organization this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
This manual draws on the ILO's comprehensive database containing the principal legal provisions and minimum wage fixing mechanisms in 100 countries. The minimum wage has had a long and turbulent history, and this study sheds light on its intricacies by providing a thorough overview of the institutions and practices in different countries. It outlines the main topics for debate concerning the effects of minimum wages on major social and economic variables such as employment, wage inequality, and poverty. The book considers the various procedures countries use for implementation, including the criteria employed to fix the minimum wage, and how they are linked to specific country objectives. It then measures the efficiency of the minimum wage, and focuses on its impact on employment as a major political issue. For the benefit of non-specialists, the validity of econometric models and their results are examined.
Evidence On The Impact Of Minimum Wage Laws In An Informal Sector
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Author : Taryn Dinkelman (Economics Department, University of the Witwatersrand (2000))
language : en
Publisher:
Release Date : 2011
Evidence On The Impact Of Minimum Wage Laws In An Informal Sector written by Taryn Dinkelman (Economics Department, University of the Witwatersrand (2000)) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
What happens when a previously uncovered labor market is regulated? We exploit the introduction of a minimum wage in South Africa and variation in the intensity of this law to identify increases in wages and no statistically significant effects on employment on the intensive or extensive margins for domestic workers. These large, partial responses to the law are somewhat surprising, given the lack of monitoring and enforcement in this informal sector. We interpret these changes as evidence that strong external sanctions are not necessary for new labor legislation to have a significant impact on informal sectors of developing countries, at least in the short-run.