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Aumento del Salario Mínimo y sus Efectos sobre el Mercado Laboral

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  • Gonzalo Castex H.

Abstract

This paper presents some stylized facts about the minimum wage and the labor market in Chile, using primarily Casen survey data and the Supplementary Income Survey (ESI). About 4% of workers (employees) are allocated to the minimum wage in Chile (Casen 2011). Whereas a static analysis, a minimum wage increase to $193,000 coverage imply that workers subject to minimum wage would increase marginally. In terms of economic sectors, agriculture, community and social services, and retail, covers 71% of the workers concerned by the minimum wage. When considering intra-sector statistics, the sectors with the highest fraction of workers covered by the minimum wage are agriculture (10.4%) and retail (4.9%).
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  • Gonzalo Castex H., 2012. "Aumento del Salario Mínimo y sus Efectos sobre el Mercado Laboral," Notas de Investigación Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 15(2), pages 117-129, August.
    • Handle: RePEc:chb:bcchni:v:15:y:2012:i:2:p:117-129
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    References listed on IDEAS

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