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Jiménez Bandala, C. A., Arellano Aceves, D., Márquez Olvera, I., Andrade Rosas, L. A., Guadarrama Muñoz, A. C., Peralta, J. D., Sánchez, E. y Matus, E. M. (2020). Results of the study to propose the amount of the increase to the minimum wage for 2021 and its repercussions. Revista Internacional de Salarios Dignos, 2(4), 65-80.
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Abstract
In 2019 and 2020, the increases to the Minimum Wage had a positive impact on the fall in Labor Poverty and reduced the wage gap that had existed since 1976; In this sense, this work aims to carry out a projection of a proposal to increase the minimum wage for 2021 in Mexico without affecting the variables inflation and employment. Using a data panel and a multivariate regression model, it is shown that the increase could be in a nominal range of 19 to 23% to reach an amount of between $ 146.63 to $ 151.56, in addition to showing that the salary increases had positive repercussions in the face of the CoViD-19 pandemic.
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