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DESCRIPTION:Christian Moser is an Assistant Professor within the Economics 
 Division at Columbia Business School. Professor Moser will discuss his stu
 dy\,&nbsp\;"Earnings Inequality and the Minimum Wage: Evidence from Brazil
 "&nbsp\;(co-authored with&nbsp\;Niklas Engbom).Abstract:&nbsp\;We quantify
  the effect of a minimum\nwage on compression throughout the earnings dist
 ribution. Using the case of\nBrazil\, which experienced a large decrease i
 n earnings inequality while its\nreal minimum wage increased from 1996-201
 2\, we document that the inequality\ndecrease was bottom-driven yet widesp
 read\, with compression up to the 75th\nearnings percentile. We develop an
  equilibrium search model with heterogeneous\nfirms and workers and find t
 hat effects of the minimum wage are consistent with\nthe above facts\, exp
 laining 70 percent of the observed inequality decrease\,\nwith half of the
  decrease due to spillovers further up the earnings\ndistribution.For more
  information\, please contact Matt O'Keefe by email at&nbsp\;mkokeefe@maxw
 ell.syr.edu&nbsp\;Sponsored by the Economics Department 
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SUMMARY:Economics presents: Christian Moser
UID:RFCALITEM639141846529157503
X-ALT-DESC;FMTTYPE=text/html:<p><a href="http://www.economoser.com/" title=
 "Christian Moser">Christian Moser</a> is an Assistant Professor within the
  Economics Division at Columbia Business School. Professor Moser will disc
 uss his study\,&nbsp\;"Earnings Inequality and the Minimum Wage: Evidence 
 from Brazil"&nbsp\;(co-authored with&nbsp\;Niklas Engbom).</p><p><b>Abstra
 ct:</b>&nbsp\;We quantify the effect of a minimum\nwage on compression thr
 oughout the earnings distribution. Using the case of\nBrazil\, which exper
 ienced a large decrease in earnings inequality while its\nreal minimum wag
 e increased from 1996-2012\, we document that the inequality\ndecrease was
  bottom-driven yet widespread\, with compression up to the 75th\nearnings 
 percentile. We develop an equilibrium search model with heterogeneous\nfir
 ms and workers and find that effects of the minimum wage are consistent wi
 th\nthe above facts\, explaining 70 percent of the observed inequality dec
 rease\,\nwith half of the decrease due to spillovers further up the earnin
 gs\ndistribution.</p><p>For more information\, please contact Matt O'Keefe
  by email at&nbsp\;<a href="mailto:mkokeefe@maxwell.syr.edu" title="mkokee
 fe@maxwell.syr.edu">mkokeefe@maxwell.syr.edu</a>&nbsp\;<br><em>Sponsored b
 y the Economics Department</em> </p>
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