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
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
[31]   The Effect of Minimum Wage on Per Capita Income in Arizona: Empirical Analysis [J].
Overstreet, Dallin .
POVERTY & PUBLIC POLICY, 2019, 11 (1-2) :156-168
[32]   The effect of the minimum wage on smoking-related indicators in selected OECD countries [J].
Rigelsky, Martin ;
Ivankova, Viera ;
Gavurova, Beata ;
Mudrik, Martin .
EQUILIBRIUM-QUARTERLY JOURNAL OF ECONOMICS AND ECONOMIC POLICY, 2020, 15 (03) :439-461
[33]   The effect of minimum wage on poverty Evidence from RLMS-HSE data [J].
Kapelyuk, Sergey .
ECONOMICS OF TRANSITION, 2015, 23 (02) :389-423
[34]   The effect of the minimum wage for tipped workers on firm strategy, employees and social welfare [J].
Azar, Ofer H. .
LABOUR ECONOMICS, 2012, 19 (05) :748-755
[35]   Identifying the employment effect of invoking and changing the minimum wage: A spatial analysis of the UK [J].
Dolton, Peter ;
Bondibene, Chiara Rosazza ;
Stops, Michael .
LABOUR ECONOMICS, 2015, 37 :54-76
[36]   TECHNOLOGY VERSUS HUMANS: EFFECT OF THE MINIMUM WAGE ON THE LONG TERM UNEMPLOYED IN THE CZECH REPUBLIC [J].
Vokoun, Marek ;
Strakova, Jarmila .
SMART AND EFFICIENT ECONOMY: PREPARATION FOR THE FUTURE INNOVATIVE ECONOMY, 2016, :157-164
[37]   The Effect of Inflation on Wage Inequality: A North-South Monetary Model of Endogenous Growth with International Trade [J].
Afonso, Oscar ;
Sequeira, Tiago .
JOURNAL OF MONEY CREDIT AND BANKING, 2023, 55 (01) :215-249
[38]   The Effect of the Minimum Wage on Employer-Sponsored Insurance for Low-Income Workers and Dependents [J].
Dworsky, Michael S. ;
Eibner, Christine ;
Nie, Xiaoyu ;
Wenger, Jeffrey B. .
AMERICAN JOURNAL OF HEALTH ECONOMICS, 2022, 8 (01) :99-126
[39]   Reconciling Facts with Fiction, or: A Theoretical Speculation of why the Minimum Wage has no Discernible Effect on Employment [J].
Heise, Arne .
E-JOURNAL OF INTERNATIONAL AND COMPARATIVE LABOUR STUDIES, 2018, 7 (03) :1-23
[40]   The Effect of State Minimum Wage Increases on CEO Compensation: Evidence of Labor Donation in Nonprofit Organizations [J].
Balsam, Steven ;
Mao, Connie X. ;
Xu, Min ;
Zhang, Yinge .
ACCOUNTING REVIEW, 2025, 100 (01) :29-53