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The impact of the minimum wage on the destruction and creation of products
(CAF, 2017-12-06)
We study the impact of changes in the legal minimum wage on the creation and destruction of products at the firm level. This can be a relevant way for increasing firm productivity and for explaining why the raises in the ...
Conflicting Incentives: Government Financial Aid, Vocational-to-University Track Change and Graduates’ Wages in Chile
(CAF, 2020-10-16)
Although literature on education economic returns is not un- common, research focusing in vocational students is quite scarce. This paper addresses labor market outcomes of vocational high schools’ students and their ...
Heterogeneous effects of automation: How are young workers affected by a changing labor market?
(CAF, 2020-08-18)
We study the effect of automation on labor market outcomes with a focus on young workers and the case of Chile. We develop an index of routine task content of each occupation and follow two approaches. First we study the ...