Inflation stabilization and the vanishing size-wage effect.
The author examines wage patterns under an incomes policy in Mexico in 1987-94. The policy specified increases in the minimum wage rate, but also guided salary negotiations more generally. The author finds indications of a substantial but largely temporary effect on wage rates, and evidence consiste...
| Publicado en: | Industrial & Labor Relations Review Vol. 53; no. 1; pp. 103 - 123 |
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| Autor principal: | |
| Formato: | Artículo |
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Cornell University
October 1999
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511132417&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511132417 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00197939 ILR jtl: Industrial & Labor Relations Review issn: 00197939 maglogo: N pubinfo: dt: October 1999 vid: 53 iid: 1 pid: 140 pub: Cornell University artinfo: ui: 511132417 10.2307/2696164 ppf: 103 ppct: 20 formats: fmt: @attributes: type: T tig: atl: Inflation stabilization and the vanishing size-wage effect. aug: au: Woodruff, Christopher su: Incomes policy (Economics) Economic stabilization Wage differentials Price inflation Wages Minimum wage Mexico sug: subj: Mexico Incomes policy (Economics) Economic stabilization Wage differentials Price inflation Wages Minimum wage ab: The author examines wage patterns under an incomes policy in Mexico in 1987-94. The policy specified increases in the minimum wage rate, but also guided salary negotiations more generally. The author finds indications of a substantial but largely temporary effect on wage rates, and evidence consistent with more intensive monitoring of compliance in large firms than in smaller ones. For example, three years after policy implementation, public sector wages had fallen approximately 10% relative to private sector wages, and wages in the largest private firms had fallen 15% relative to those in the smallest private firms. These relative wage effects are consistent with the centralized administration of the policy. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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