Biblioteca Digital de VanguardiaMinimum wage in Peru. When did they become unimportant?
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" administr...
| Autores principales: | , |
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| Formato: | info:eu-repo/semantics/article |
| Lenguaje: | Español |
| Publicado: |
Universidad del Pacífico
1994
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| Acceso en línea: | https://revistas.up.edu.pe/index.php/apuntes/article/view/404 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52735 |
| _version_ | 1782334907247230976 |
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| author | Yamada, Gustavo Bazán, Ernesto |
| author_facet | Yamada, Gustavo Bazán, Ernesto |
| author_sort | Yamada, Gustavo |
| collection | Repositorio |
| description | 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. |
| format | info:eu-repo/semantics/article |
| id | clacso-CLACSO52735 |
| institution | CLACSO, Repositorio Digital |
| language | Español |
| publishDate | 1994 |
| publisher | Universidad del Pacífico |
| record_format | greenstone |
| spelling | clacso-CLACSO527352022-03-17T18:47:53Z Minimum wage in Peru. When did they become unimportant? Salarios mínimos en el Perú. ¿Cuándo dejaron de ser importantes? Yamada, Gustavo Bazán, Ernesto 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. El trabajo examina el impacto de los salarios mínimos en la economía peruana a través de un análisis de causalidad de las series de tiempo disponibles. En él se encuentra que tanto en un gobierno intervencionista y populista (1985-1990) como en uno de libre mercado (1990-1993), el salario mínimo ha perdido toda importancia en el mercado laboral. El segundo caso no es nada sorpresivo, pues un resultado así es consistente con la filosofía de liberalismo económico que ha caracterizado al gobierno del presidente Fujimori. El primer caso, en cambio, es un resultado irónico y contradictorio con los fines redistributivos aspirados por el expresidente García. 1994-11-13 2022-03-17T18:47:53Z 2022-03-17T18:47:53Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion https://revistas.up.edu.pe/index.php/apuntes/article/view/404 10.21678/apuntes.35.404 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52735 spa https://revistas.up.edu.pe/index.php/apuntes/article/view/404/406 Derechos de autor 2017 Apuntes http://creativecommons.org/licenses/by/4.0 application/pdf Universidad del Pacífico Apuntes. Social Sciences Journal; Apuntes 35; 77-88 Apuntes. Revista de ciencias sociales; Apuntes 35; 77-88 2223-1757 0252-1865 |
| spellingShingle | Yamada, Gustavo Bazán, Ernesto Minimum wage in Peru. When did they become unimportant? |
| title | Minimum wage in Peru. When did they become unimportant? |
| title_full | Minimum wage in Peru. When did they become unimportant? |
| title_fullStr | Minimum wage in Peru. When did they become unimportant? |
| title_full_unstemmed | Minimum wage in Peru. When did they become unimportant? |
| title_short | Minimum wage in Peru. When did they become unimportant? |
| title_sort | minimum wage in peru. when did they become unimportant? |
| url | https://revistas.up.edu.pe/index.php/apuntes/article/view/404 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52735 |