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UID:026b72fe4e5653abcdfcbe6ffc41f878
CATEGORIES:Seminars
CREATED:20240916T123609
SUMMARY:Claire Montialoux - Sciences Po
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p><strong>Minimum Wages and the Gradients of Informality</strong>” with El
 lora Derenoncourt, François Gérard and Lorenzo Lagos</p><p><strong>Abstract
 :</strong></p><p style="text-align: justify;">This paper studies how the mi
 nimum wage affects wages and employment in the informal sector in Brazil, a
  country where 40% of the workforce is informal and where the real minimum 
 wage doubled between 1999 and 2009. We develop a methodology to estimate th
 e pass-through of minimum wage increases into the informal sector, and we m
 easure and report the own-wage reallocation elasticity -- the percent shift
  out of formal employment associated with a 1 percent increase in wages. Us
 ing detailed labor force surveys and administrative data with information o
 n formality status, we uncover a full pass-through of minimum wage increase
 s into the wages of informal workers employed in formal firms, who account 
 for about half of all informal employees. As a result of this full pass-thr
 ough, we find a small formal-to-informal reallocation elasticity with respe
 ct to the formal wage of 0.28.&nbsp; Our findings illustrate how minimum wa
 ge increases can have large effects on living standards for the hundreds of
  millions of low-income people working in the informal sector in developing
  countries.</p>
DTSTAMP:20260421T084046Z
DTSTART:20250508T163000Z
DTEND:20250508T180000Z
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