A New Role for the Minimum Wage

An ethical family income policy well combined with a minimum wage policy inspired by productivity objectives can be far more powerful than the two policies separately.

Authors

  • Lucas Navarro Facultad de Economía y Negocios , Alberto Hurtado University image/svg+xml

    DOI:

    https://doi.org/10.11565/oe.vi54.286

    Keywords:

    Minimum wage, Ethical family income, Human capital

    Abstract

    Over the past decade, one of the great questions in the Chilean economy has been why a country that is relatively well ordered in macroeconomic and regulatory terms fails to grow at high rates despite a favorable international environment. The answer: evidence of a possible sluggishness in the rate of productivity growth. And one of the critical factors of production is labor. Continue reading...

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    Published

    2011-07-01

    Issue

    No. 54 (2011)

    Section

    Articles

    License

    Copyright (c) 2011 OBSERVATORIO ECONÓMICO

    Creative Commons License

    This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

    How to Cite

    A New Role for the Minimum Wage: An ethical family income policy well combined with a minimum wage policy inspired by productivity objectives can be far more powerful than the two policies separately. (2011). Observatorio Económico, 54, 2-3. https://doi.org/10.11565/oe.vi54.286

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