Results of the study to propose the amount of the increase to the minimum wage for 2021 and its repercussions

Artículo Acceso abierto 2020

Authors: Jiménez Bandala, Carlos Alberto Arellano Aceves, Diana Márquez Olvera, Ian Andrade Rosas, Luis Antonio Guadarrama Muñoz, Alma Cossette Peralta, José Daniel Sánchez, Enrique Matus, Edgar Manuel
URI: https://repositorio.lasalle.mx/handle/lasalle/2099
Keywords: Minimum Wage Neoliberalism Purchasing Power Macroeconomic Stability
Subject (LIBRUNAM): Salarios Salario mínimo
Subject (CONACYT): Ciencias Sociales › Ciencias Económicas › Otras especialidades económicas › Otras
Citation
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.

Record details

Author with identifier: JIMENEZ BANDALA, CARLOS ALBERTO (ID 326293)Andrade Rosas, Luis Antonio (ID 98882)GUADARRAMA MUÑOZ, ALMA COSSETTE (ID 45792)

Publisher: Universidad La Salle México, Facultad de Negocios
Citation identifier: 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.