Los efectos del salario mínimo interprofesional en el empleo: nueva evidencia para España
Series: Occasional Papers. 2113.
Author: Cristina Barceló, Mario Izquierdo, Aitor Lacuesta, Sergio Puente, Ana Regil and Ernesto Villanueva.
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Abstract
This paper uses different data and approaches to analyse the impact on employment
of the increase in the national minimum wage in 2019. It turns out that, following the increase, the employment of low-wage workers grew more slowly. Alternative exercises are carried out focusing on the impact on the workers targeted by the reform. These suggest a larger adverse impact on the job losses of elder workers and a sharper reduction in hours worked and in job creation for younger workers. Finally, using accommodation and food service activities data, the article addresses the difficulties of unequivocally identifying a control group comparable to workers whose wages are at the national minimum level, meaning that the estimated impacts should be interpreted with caution.