Minimum wage policy and inequality in Latin America and the Caribbean

Gindling, T. & Ronconi, L. (2023). Minimum wage policy and inequality in Latin America and the Caribbean. (III Working Paper 93). International Inequalities Institute, London School of Economics and Political Science. https://doi.org/10.21953/lse.127rw09xlc6l
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In this chapter we review the literature and inform policy debates about the effects of minimum wages (MW) on income inequality in Latin America and the Caribbean (LAC). Earnings are the primary source of income among families, especially in the lower part of the earnings and household income distribution. It is reasonable, therefore, to expect increases in the minimum wage to have a significant impact on earnings and income inequality.

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