Is there a minimum wage biting in Puerto Rico? Updating the debate
被引:1
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作者:
Caraballo-Cueto, Jose
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机构:
Univ Puerto Rico, Business Adm, 205 Cll Antonio R Barcelo, Cayey, PR 00736 USAUniv Puerto Rico, Business Adm, 205 Cll Antonio R Barcelo, Cayey, PR 00736 USA
Caraballo-Cueto, Jose
[1
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机构:
[1] Univ Puerto Rico, Business Adm, 205 Cll Antonio R Barcelo, Cayey, PR 00736 USA
This research evaluates the repercussions on employment in Puerto Rico of the latest increases in the minimum wage (made between 2007 and 2009). We find that the increases in the minimum wage to $7.25 had a negative impact on employment in a few small sectors only, and that employment was significantly more affected by output.