Do minimum wages reduce poverty? : evidence from Central America
Date
2010-11
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
IDRC, Ottawa, ON, CA
Abstract
In Costa Rica, El Salvador, and Nicaragua increases in minimum wages have a positive effect on the wages of a subset of mostly full-time workers in large firms. However, minimum wage increases are unlikely to improve the wages of the lowest-paid workers. Evidence suggests there are benefits in creating policies for enhancing compliance with minimum wages, improving incomes in the informal sector where minimum wages do not apply, and policies that aim at increasing long-term productivity of workers. The brochure is a one-page publication, part of IDRC’s “Globalization, Growth and Poverty” Program Initiative.
Description
French version available in IDRC Digital Library: Salaire minimum contribue-t-il à réduire la pauvreté?
Spanish version available in IDRC Digital Library: ¿Salario mínimo reduce la pobreza? : evidencia en América Central
Spanish version available in IDRC Digital Library: ¿Salario mínimo reduce la pobreza? : evidencia en América Central
item.page.type
Brochure
item.page.format
Text
Keywords
NORTH AND CENTRAL AMERICA, MINIMUM WAGE, GLOBALIZATION, INCOME, SOCIAL INEQUALITY, LABOUR MARKET, FORMAL SECTOR, INFORMAL SECTOR, ECONOMIC GROWTH, WAGES