This policy note reviews the literature on the effects of minimum wages on labor markets in developing countries. The authors begin by elucidating the challenges to ascertaining these effects, especially in developing economies where a large segment of the workforce is not covered by minimum wage legislation (uncovered sector). After summarizing the theoretical models and their predictions, the authors review the empirical evidence of the impact of...
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INFORMATION
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2008/12/01
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Fiche
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47071
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1
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1
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2010/07/01
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Disclosed
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Minimum wages in developing countries : helping or hurting workers?
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minimum wage
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