Minimum-wage effects, compliance, and firm size in a developing economy: Evidence from Colombia (Record no. 532902)
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| 000 -LEADER | |
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| fixed length control field | 01602nam a22001337a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 260401b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Garica, Gustavo A. Posso, Christian and Arango, Salome |
| 245 ## - TITLE STATEMENT | |
| Title | Minimum-wage effects, compliance, and firm size in a developing economy: Evidence from Colombia |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | The Developing Economies |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 63(4), Dec, 2025: p.301-327 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Minimum-wage legislation is a standard policy in most developing countries. Nonetheless, the consequences of increases in the minimum-wage are not conclusive. This paper examines the heterogeneous effects of minimum-wage, considering the imperfect enforcement of minimum-wage policy and different compliance levels across the firm sizes and types of workers, analyzing the Colombian case. Our identification strategy uses policy circumstances to set the minimum-wage associated with arbitrary decisions not explained by the fundamentals determining the minimum-wage. Using instrumental variable techniques, we show that a 10% increase in the minimum-wage reduces the employment rate by 1.27 percentage points and 0.70 percentage points in the proportion of hours worked. Consistent with a theoretical model of minimum-wage policy with imperfect competition and enforcement, the negative minimum-wage effect is larger in firms with higher levels of compliance—that is, medium- and large-sized firms, and within these, the unskilled workers are the most affected.- Reproduced https://onlinelibrary.wiley.com/doi/10.1111/deve.12443 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | The Developing Economies |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2026-04-01 | 63(4), Dec, 2025: p.301-327 | AR138418 | 2026-04-01 | Articles |