Semiparametric methods have been used to assess the impact of policies such as changes in the minimum wage on the distribution of wage earnings. While the methods are in the spirit of the Blinder-Oaxaca decomposition, ...

We estimate the wage premium in Chile for the period 2004-2009 follow-ing a two-stage procedure that corrects the endogeneity of the union decision process. We find that there is true state dependence in the union ...

We develop and use a statistical matching technique to construct a panel data set from the Chilean National Employment Survey; and then use this panel to test the short term impacts of minimum wage increases during the ...

We study the quantitative impact of a rise in the minimum wage on macroeconomic outcomes such as employment, the stock of capital and the distribution of wages. Our modeling framework is the large-firm search and matching ...

The effect of the minimum wage on labor market outcomes is controversial. There are several studies for developed countries with mixed results, but there is a lack of evidence for developing countries. We have access to ...

A strand of the literature documents no effects or even positive effects of a higher minimum wage on employment. This evidence is frequently linked to the existence of monopsonistic labor markets or search frictions. ...