Minimum wages in Colombia: holding the middle with a bite on the poor

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Borradores de Economía; No. 280

Date published

2004-03-14

Date

2004-03-14

Authors

Arango-Arango, Carlos Alberto
Pachón, Angélica

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ISSN

ISBN

Document language

spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

This paper exploits the long history of the minimum wage in a relatively stable developing economy like Colombia in order to see whether it may alleviate the living conditions of low income families and reduce income inequality. The paper does not only ex

Description

JEL Codes

J42 - Monopsony; Segmented Labor Markets
O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O15 - Human Resources; Human Development; Income Distribution; Migration
J31 - Wage Level and Structure; Wage Differentials
J48 - Particular Labor Markets: Public Policy

Temática

Keywords

Keywords

Minimum wage , Income distribution , Income inequality , Public policy

Citation

URI

https://repositorio.banrep.gov.co/handle/20.500.12134/5298
 https://hdl.handle.net/20.500.12134/5298
 https://ideas.repec.org/p/bdr/borrec/280.html
 https://doi.org/10.32468/be.280

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Borradores de Economía

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