Immigration
The Impact of Minimum Wages in MexicoIn Mexico, low levels of compliance and ineffective levels of minimum wages imply negligible employment effects. There are diverging views about how minimum wages affect labor markets in developing countries. Advocates of minimum wages hold that they redistribute resources in a welfare-enhancing way, and can thus reduce poverty, improve productivity, and foster growth. Opponents, on the other hand, contend that minimum wage interventions result in a misallocation of labor and lead to depressed wages in the very sectors --- the rural and informal urban sectors --- where most of the poor are found, with the effect of wasting resources and reducing the growth rate. Data from Mexico provide an opportunity to evaluate the impact of minimum wages. In Mexico, minimum wages have had virtually no effect on wages or emp
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Approximate Word count = 575
Approximate Pages = 2 (250 words per page double spaced)
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