Salário mínimo, "efreito-forol" e pobreza
By: NIRI, Marcelo.
Contributor(s): GONZAGA, Gustavo | CAMARGO, José Márcio.
Material type: ArticlePublisher: São Paulo : Editora 34, abr./jun. 2001Revista de Economia Política = Brazilian Journal of Political Economy 21, 2 , p. 78-89Abstract: This paper evaluates the effectiveness of the minimum wage policy in various segments of Brazilian labor markets. Our basic technique is to quantify corner solutions imposed by the minimum wage. These points are later used as a focalization mechanism in the simulation of upper bounds of the effects of the minimum wage on poverty measures. We highlight the importance of two unusual effects of the minimum wage, i) the high percentage of informal employees receiving exactly one minimum wage, this enhances the effects of the minimum on poverty, and ii) The use of the minimum wage as a numeraire in wage determination, in particular within the formal sectorThis paper evaluates the effectiveness of the minimum wage policy in various segments of Brazilian labor markets. Our basic technique is to quantify corner solutions imposed by the minimum wage. These points are later used as a focalization mechanism in the simulation of upper bounds of the effects of the minimum wage on poverty measures. We highlight the importance of two unusual effects of the minimum wage, i) the high percentage of informal employees receiving exactly one minimum wage, this enhances the effects of the minimum on poverty, and ii) The use of the minimum wage as a numeraire in wage determination, in particular within the formal sector
Revista de Economia Política 2001
v. 21, n. 2(82)
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