Wage rigidity in Chile

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(90/2006)
cepal.docTypeRevistas
cepal.idSade28037
cepal.topicEngYOUTH
cepal.topicSpaJUVENTUD
cepal.workareaEngSOCIAL DEVELOPMENT
cepal.workareaSpaDESARROLLO SOCIAL
dc.contributor.authorMarinakis, Andrés E.
dc.coverage.spatialEngCHILE
dc.coverage.spatialSpaCHILE
dc.date.accessioned2014-01-02T18:44:19Z
dc.date.available2014-01-02T18:44:19Z
dc.date.issued2006-12
dc.descriptionIncludes bibliography
dc.description.abstractOne issue in the debate about the workings of the labour market is its degree of flexibility. In the case of Chile, the Asian crisis of late 1997 led to a large increase in the unemployment rate, while the hourly wage index produced by the National Institute of Statistics rose steadily in real terms. This gave rise to the idea that wage rigidity might exist. The present article seeks to qualify this conclusion by detailing the limitations of the index when it comes to recording more volatile items of remuneration, and shows that the average monthly wage rose only by small amounts, while the minimum wage appears to have followed a different path from market wages. Lastly, this article discusses the advisability of setting a special minimum wage for the young and introducing a variable component into pay, two proposals that are often made in the interests of greater wage flexibility.
dc.formatTexto
dc.format.extentpáginas. 133-148
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2323-P
dc.identifier.urihttps://hdl.handle.net/11362/11185
dc.language.isoeng
dc.physicalDescriptionp. 133-148
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo90
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.translationLanguagespa
dc.relation.translationRecordLa rigidez de los salarios en Chile
dc.relation.translationUrihttps://hdl.handle.net/11362/11141
dc.subject.unbisEngEVALUATION
dc.subject.unbisEngMINIMUM WAGE
dc.subject.unbisEngPROFIT SHARING
dc.subject.unbisEngWAGE POLICY
dc.subject.unbisEngWAGES
dc.subject.unbisEngWORKERS' PARTICIPATION
dc.subject.unbisEngYOUTH
dc.subject.unbisSpaEVALUACION
dc.subject.unbisSpaJUVENTUD
dc.subject.unbisSpaPARTICIPACION DE LOS TRABAJADORES
dc.subject.unbisSpaPARTICIPACION EN LAS GANANCIAS
dc.subject.unbisSpaPOLITICA SALARIAL
dc.subject.unbisSpaSALARIO MINIMO
dc.subject.unbisSpaSALARIOS
dc.titleWage rigidity in Chile
dc.type.coarrevista
dspace.entity.typePublication
relation.isAuthorOfPublicationd62c8d2d-eca2-44b8-9f0e-f0bb59a4ede2
relation.isAuthorOfPublication.latestForDiscoveryd62c8d2d-eca2-44b8-9f0e-f0bb59a4ede2
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