The effect of doubling the minimum wage and decreasing taxes on inflation in Mexico
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DOI: 10.1016/j.econlet.2020.109051
Abstract: Abstract We analyze the effect on inflation of doubling the minimum wage and cutting the value-added tax in half. Annual inflation decreased by 1.8 percentage points, suggesting that the minimum wage increase had a limited… read more here.
Keywords: doubling minimum; minimum wage; effect; effect doubling ... See more keywords