Disentangling the Effects of Large Minimum Wage and VAT Changes on Prices: Evidence from Mexico

被引：5

作者：

Calderon, Mariana ^{[1
]}

Cortes, Josue ^{[2
]}

Perez Perez, Jorge ^{[2
]}

Salcedo, Alejandrina ^{[2
]}

机构：

[1] World Bank, 1818 H St NW, Washington, DC 20433 USA

[2] Banco Mexico, Av 5 Mayo 18, Cdmx 06000, Mexico

来源：

LABOUR ECONOMICS | 2023年 / 80卷

关键词：

Minimum wage; Value-added tax; Prices; IMPACT;

D O I：

10.1016/j.labeco.2022.102294

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In January 2019, in an effort to boost activity on the northern Mexican border, the authorities increased the minimum wage by 100 percent and decreased the value-added tax (VAT) by half. Disentangling both effects, we find increments in prices due to the minimum wage hike that were more than offset by the decreases associated with the VAT. In the absence of both policy changes, average prices would have been higher. The share of informal labor in the production of different goods seems to be playing a role in the impact of the minimum wage on prices.

引用

页数：15

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