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.
引用
收藏
页数：4
相关论文
共 47 条
  • [21] The historical evolution of the minimum wage policy in Mexico: from local to federal determination
    Salgado-Jurado, Josue
    Caamal-Olvera, Cinthya G.
    German-Soto, Vicente
    POLICY STUDIES, 2025,
  • [22] Increasing the Minimum Wage with the State as Employer of Last Resort: A "Predistribution" Proposal for Mexico
    Sovilla, Bruno
    INTERNATIONAL JOURNAL OF POLITICAL ECONOMY, 2018, 47 (3-4) : 330 - 351
  • [23] The effect of minimum wage on youth employment and unemployment in Taiwan
    Chuang, Yih-Chyi
    HITOTSUBASHI JOURNAL OF ECONOMICS, 2006, 47 (02) : 155 - 167
  • [24] The effect of the minimum wage on children's cognitive achievement
    Regmi, Krishna
    LABOUR ECONOMICS, 2020, 65
  • [25] The Effect of State Minimum Wage Increases on Nonprofit Organizations
    Balsam, Steven
    Mao, Connie X.
    Xu, Min
    Zhang, Yinge
    NONPROFIT AND VOLUNTARY SECTOR QUARTERLY, 2023, 52 (06) : 1722 - 1752
  • [26] The effect of increased minimum wage on child externalizing behaviors
    Woods-Jaeger, Briana
    Livingston, Melvin D.
    Lemon, Emily D.
    Spencer, Rachael A.
    Komro, Kelli A.
    PREVENTIVE MEDICINE REPORTS, 2021, 24
  • [27] THE EFFECT OF A RAPID INCREASE IN THE MINIMUM WAGE IN THE CZECH REPUBLIC
    Pavelka, Tomas
    Picl, Michal
    13TH INTERNATIONAL DAYS OF STATISTICS AND ECONOMICS, 2019, : 1179 - 1186
  • [28] The effect of minimum wage on firm markup: Evidence from China
    Du, Pengcheng
    Wang, Shuxun
    ECONOMIC MODELLING, 2020, 86 : 241 - 250
  • [29] Endogenous monopsony and the perverse effect of the minimum wage in small firms
    Danziger, Leif
    LABOUR ECONOMICS, 2010, 17 (01) : 224 - 229
  • [30] Effect of Wage, Inflation and Exchange Rate on the Investment Policy in Sidoarjo District, Indonesia
    Priyono
    East Asia, 2018, 35 (3) : 267 - 292
12345