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The Impact of Minimum Wages on Wage Inequality and Employment in the Formal and Informal Sector in Costa Rica

dc.contributor.authorTerrell, Katherineen_US
dc.contributor.authorHamidi, Fatma Elen_US
dc.date.accessioned2006-08-01T15:50:06Z
dc.date.available2006-08-01T15:50:06Z
dc.date.issued2001-04-01en_US
dc.identifier.otherRePEc:wdi:papers:2001-479en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/39864en_US
dc.description.abstractThis paper tests the impact of the Costa Rican minimum wage policy on wage inequality and the level of employment in the formal sector (covered by minimum wage legislation) and the informal (uncovered) sector. We also examine the redistributive effects of the minimum wage, between the covered sector and the uncovered sector. Regression analysis using micro data from the Labour Force Surveys over 17 years reveals three important findings. At the median, a unit increase in the minimum wage relative to the average wage is associated with:en_US
dc.format.extent36757 bytes
dc.format.extent3151 bytes
dc.format.extent422078 bytes
dc.format.mimetypetext/plain
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dc.format.mimetypeapplication/pdf
dc.language.isoen_USen_US
dc.relation.ispartofseries479en_US
dc.subjectMinimum Wages, Employment, Wage Inequality, Monopsony, Costa Ricaen_US
dc.titleThe Impact of Minimum Wages on Wage Inequality and Employment in the Formal and Informal Sector in Costa Ricaen_US
dc.typeWorking Paperen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbtoplevelBusinessen_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/39864/3/wp479.pdfen_US
dc.owningcollnameWilliam Davidson Institute (WDI) - Working Papers


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