S9: Student Replication on Minimum Wage in Latin America

SESSION 9: STUDENT REPLICATION ON MINIMUM WAGE IN LATIN AMERICA

Presentation by Oscar Jaramillo (Torcuato de Tella University, Buenos Aires)
Dec 1, 2022 at 12pm Colorado (US)/ 2pm Quito (EC), Bogotá (CO) New York (US)/ 4pm Buenos Aires (AR)/ 7pm Lisbon (PT)/ 8pm Berlin (DE)

ARTICLE BEING REPLICATED:
Orlando J.Sotomayor (2021), “Can the minimum wage reduce poverty and inequality in the developing world? Evidence from Brazil”, World Development 138, https://doi.org/10.1016/j.worlddev.2020.105182

ABSTRACT:
“Even though there is growing social support for higher minimum wages as anti-poverty policy tools, very little is known about their effectiveness in reducing poverty or inequality in the developing world. Latin America’s largest economy offers a fertile setting for shedding light on the issue, in being a large and data-rich country where frequent increases in the minimum wage can allow for direct estimation of influence on the distribution of income.” (Sotomayor 2021)

Considering this to be an important question, this replication will use data from Ecuador incorporating some changes. To understand the developing world, we need more evidence from different countries. Since the 2000s, in Latin America, minimum wage increase was an economic tool frequently used and we should try to better understand the relationship between this policy and poverty in all Latin America countries.

The replication progress will be presented by Oscar, we will discuss the results so far and how to continue.

SHORT BIO
Oscar Jaramillo is an economist from Central University of Ecuador, currently studying for a Master's degree in economics at Torcuato de Tella University in Argentina.

For discussion please use the session's page on the ReplicationWiki.