Minimum wage in Peru. When did they become unimportant?

Authors

  • Gustavo Yamada UP
  • Ernesto Bazán

DOI:

https://doi.org/10.21678/apuntes.35.404

Keywords:

Perú, labour market, minimum wage

Abstract

This paper studies the minimum wages' impact in the Peruvian economy through causality tests with time series available. It finds that minimum wages have lost all importance in the labor market both in a "populist" government (1985-1990), and in a "market-friendly" administration (1990-1993). The second case is not surprising at all, because it is consistent with the "laissez-faire" ideology in the current administration. The first result, on the contrary, is an ironical and contradictory one with the income redistribution goals aimed by former President García.

Downloads

Download data is not yet available.

Downloads

Published

1994-11-13

How to Cite

Yamada, G., & Bazán, E. (1994). Minimum wage in Peru. When did they become unimportant?. Apuntes. Social Sciences Journal, (35), 77–88. https://doi.org/10.21678/apuntes.35.404

Issue

Apuntes 35

Section

Articles

License

Apuntes publishes all its articles and reviews under a Creative Commons Attribution (CC BY 4.0) license with the objective of promoting academic exchange worldwide. Therefore, articles and book reviews can be distributed, edited, amended, etc., as the author sees fit. The only condition is that the name of the author(s) and Apuntes. Revista de Ciencias Sociales (as the publisher) be cited.