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En qué concluirá el debate por el salario mínimo (The End of the Minimum Salary Debate in Mexico)

38 Pages Posted: 17 Oct 2014 Last revised: 18 Nov 2014

Gabriel Martinez

Instituto Tecnológico Autónomo de México (ITAM)

Date Written: October 1, 2014

Abstract

Spanish Abstract: El salario mínimo es bajo. La causa es cierta visión monetaria que liga causalmente un incremento de salarios con inflación, motivando que el salario mínimo aumente igual o menos que los precios en general. Mayor salario mínimo afectará el empleo de mujeres y jóvenes de baja calificación. En vista del bajo nivel observado hay un margen de incremento con efecto pequeño sobre el empleo. El reto institucional es definir un mecanismo de ajuste que no incida sobre la inflación, ni produzca nuevas burocracias. Se propone una regla de ajuste con el salario en general, sin relación al calendario fiscal.

English Abstract: The minimum wage is low in Mexico. The cause is a monetary view that causally links an increase in wages with inflation, motivating that minimum wage increases equal to or less than prices in general. Higher minimum wages will affect employment of women and young people of low skill. In view of the low level observed there is a margin of increase with little effect on employment. The institutional challenge is to define an adjustment mechanism that does not affect inflation, or produces new bureaucracies. A proposal is advanced for a rule of adjustment related to salaries in general and unrelated to the fiscal calendar.

Notes: Downloadable document is in Spanish.

Keywords: Salario mínimo, México, Minimum wage

JEL Classification: H30

Suggested Citation

Martinez, Gabriel, En qué concluirá el debate por el salario mínimo (The End of the Minimum Salary Debate in Mexico) (October 1, 2014). Available at SSRN: https://ssrn.com/abstract=2510171 or http://dx.doi.org/10.2139/ssrn.2510171

Gabriel Martinez (Contact Author)

Instituto Tecnológico Autónomo de México (ITAM) ( email )

Av. Camino a Sta. Teresa 930
Col. Héroes de Padierna
Mexico City, D.F. 01000, Federal District 01080
Mexico

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