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Latin AmericaEdition | Availability |
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1
Minimum wages and social policy: lessons from developing countries
2007, World Bank
in English
0821370111 9780821370117
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Book Details
Table of Contents
Executive summary
Introduction
Report findings
Issues for policy discussion
Introduction
Minimum wage debates in the region
The objective of the report and methodology
Report organization
Context & framework
The historical and social justice perspective - Birth and evolution of the minimum wage
Theoretical underpinnings - The classical economic view
Two-sector economies-models with a "covered" and "uncovered" sector
Empirical evidence from the OECD countries
The Latin American research
Minimum wage institutions in LAC: what are they and who earns them?
What is a minimum wage?
Who earns the minimum wage?
How high is the minimum wage in Latin America and the Caribbean?
The worker: how do minimum wages affect wages and employment?
Minimum wages are somewhat binding
Minimum wage policies increases wages throughout the wage distribution
Minimum wages increase unemployment
Sub-national minimum wages are standard practice
The households: the minimum wage as an anti-poverty tool
The value of the minimum wage is below the household subsistence level
The minimum wage decreases poverty rates, but does not help the most poor
High minimum wages increases household income inequality
The state: the minimum wage implications for public expenditures
The minimum wage may have large impacts on the public sector wage bill
An increase in the minimum wage can have substantial impacts on the cost of social benefits
The international community: lessons from their experiences
Setting and managing minimum wages
Enforcement
Report conclusions and policy considerations
Report conclusions
Considerations for policy debates
References
Annex 1: Source of data for cross-country comparisons
Annex II: Kernel density plots
Annex III: Summary of literature
Annex IV: Research methodologies.
Edition Notes
Includes bibliographical references.
Classifications
External Links
The Physical Object
ID Numbers
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- Created September 22, 2008
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