The effect of doubling the minimum wage and decreasing taxes on inflation in Mexico

被引：11
|
作者：
Campos-Vazquez, Raymundo M. [1 ]
Esquivel, Gerardo [1 ]
机构：
[1] Banco Mexico, Av 5 Mayo 2, Mexico City 06000, DF, Mexico
来源：
ECONOMICS LETTERS | 2020年 / 189卷
关键词：
Prices; Inflation; Minimum wage; Taxes; Mexico;
D O I：
10.1016/j.econlet.2020.109051
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We analyze the effect on inflation of doubling the minimum wage and cutting the value-added tax in half. Annual inflation decreased by 1.8 percentage points, suggesting that the minimum wage increase had a limited or even null effect on prices. (c) 2020 Elsevier B.V. All rights reserved.
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页数：4
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