Economics presents: Christian Moser
Wednesday, March 28, 2018 11:30 AM
112 Eggers Hall
Christian Moser is an Assistant Professor within the Economics Division at Columbia Business School. Professor Moser will discuss his study, "Earnings Inequality and the Minimum Wage: Evidence from Brazil" (co-authored with Niklas Engbom).
Abstract: We quantify the effect of a minimum
wage on compression throughout the earnings distribution. Using the case of
Brazil, which experienced a large decrease in earnings inequality while its
real minimum wage increased from 1996-2012, we document that the inequality
decrease was bottom-driven yet widespread, with compression up to the 75th
earnings percentile. We develop an equilibrium search model with heterogeneous
firms and workers and find that effects of the minimum wage are consistent with
the above facts, explaining 70 percent of the observed inequality decrease,
with half of the decrease due to spillovers further up the earnings
For more information, please contact Matt O'Keefe by email at firstname.lastname@example.org
Sponsored by the Economics Department
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