How is the minimum wage shaping the wage distribution: minimum wage, spillovers, and wage inequality in Portugal
Main Author: | |
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Publication Date: | 2021 |
Format: | Master thesis |
Language: | eng |
Source: | Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
Download full: | http://hdl.handle.net/10362/142241 |
Summary: | Over the last three decades, wage inequality and the importance of the minimum wage presented a nearly symmetric behavior in Portugal. Applying a semiparametric approach, this paper presents significant visual and quantitative evidence of how the MW structurally reshaped the wage distribution. The remarkable rise in the real MW of 2006-2019 explained virtually all of the decline in wage inequality, and 40% of the average wage growth, mostly driven by spillovers, which cascaded way above the minimum. The MW was most important for women, although spillovers were greater for men. Exploring the total-base wage differential also uncovered important new insights. |
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How is the minimum wage shaping the wage distribution: minimum wage, spillovers, and wage inequality in PortugalWage inequalityLabour economicsMinimum wageSpilloversWage distributionCounterfactual dDecompositionDistribution regressionRank regressionKernel densityReweightingDomínio/Área Científica::Ciências Sociais::Economia e GestãoOver the last three decades, wage inequality and the importance of the minimum wage presented a nearly symmetric behavior in Portugal. Applying a semiparametric approach, this paper presents significant visual and quantitative evidence of how the MW structurally reshaped the wage distribution. The remarkable rise in the real MW of 2006-2019 explained virtually all of the decline in wage inequality, and 40% of the average wage growth, mostly driven by spillovers, which cascaded way above the minimum. The MW was most important for women, although spillovers were greater for men. Exploring the total-base wage differential also uncovered important new insights.Portugal, PedroRUNOliveira, Carlos Brito Mascarenhas de2022-07-21T11:01:40Z2022-01-132021-12-172022-01-13T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/142241TID:202975223enginfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-22T18:03:44Zoai:run.unl.pt:10362/142241Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T17:34:25.609695Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse |
dc.title.none.fl_str_mv |
How is the minimum wage shaping the wage distribution: minimum wage, spillovers, and wage inequality in Portugal |
title |
How is the minimum wage shaping the wage distribution: minimum wage, spillovers, and wage inequality in Portugal |
spellingShingle |
How is the minimum wage shaping the wage distribution: minimum wage, spillovers, and wage inequality in Portugal Oliveira, Carlos Brito Mascarenhas de Wage inequality Labour economics Minimum wage Spillovers Wage distribution Counterfactual dDecomposition Distribution regression Rank regression Kernel density Reweighting Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
How is the minimum wage shaping the wage distribution: minimum wage, spillovers, and wage inequality in Portugal |
title_full |
How is the minimum wage shaping the wage distribution: minimum wage, spillovers, and wage inequality in Portugal |
title_fullStr |
How is the minimum wage shaping the wage distribution: minimum wage, spillovers, and wage inequality in Portugal |
title_full_unstemmed |
How is the minimum wage shaping the wage distribution: minimum wage, spillovers, and wage inequality in Portugal |
title_sort |
How is the minimum wage shaping the wage distribution: minimum wage, spillovers, and wage inequality in Portugal |
author |
Oliveira, Carlos Brito Mascarenhas de |
author_facet |
Oliveira, Carlos Brito Mascarenhas de |
author_role |
author |
dc.contributor.none.fl_str_mv |
Portugal, Pedro RUN |
dc.contributor.author.fl_str_mv |
Oliveira, Carlos Brito Mascarenhas de |
dc.subject.por.fl_str_mv |
Wage inequality Labour economics Minimum wage Spillovers Wage distribution Counterfactual dDecomposition Distribution regression Rank regression Kernel density Reweighting Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Wage inequality Labour economics Minimum wage Spillovers Wage distribution Counterfactual dDecomposition Distribution regression Rank regression Kernel density Reweighting Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
Over the last three decades, wage inequality and the importance of the minimum wage presented a nearly symmetric behavior in Portugal. Applying a semiparametric approach, this paper presents significant visual and quantitative evidence of how the MW structurally reshaped the wage distribution. The remarkable rise in the real MW of 2006-2019 explained virtually all of the decline in wage inequality, and 40% of the average wage growth, mostly driven by spillovers, which cascaded way above the minimum. The MW was most important for women, although spillovers were greater for men. Exploring the total-base wage differential also uncovered important new insights. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-12-17 2022-07-21T11:01:40Z 2022-01-13 2022-01-13T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/142241 TID:202975223 |
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http://hdl.handle.net/10362/142241 |
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TID:202975223 |
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eng |
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eng |
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info:eu-repo/semantics/openAccess |
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openAccess |
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application/pdf |
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