Minimum Wages and Inequality in Mexico: A Latin American Perspective

Mexico’s minimum wage has experienced a persistent decline in real terms since the 1970s. At the same time the share of wages in national income has declined steadily, while inequality remains one of the most pressing socioeconomic challenges. Despite some important recent progress in Mexican policy, raising the minimum wage in a sustainable manner to meet the constitutional mandate and support a reduction in inequality in the country requires a more profound policy change. This paper presents a brief analysis of the minimum wage in Mexico from a Latin American comparative perspective.
Journal: 
43
Authors: 
Juan Carlos MORENO-BRID
Stefanie GARRY and Alice KROZER
Attached file: 
Sección: 
Sección Especial: Desigualdad en América Latina

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