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cc by (c) López-Tamayo et al., 2022
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/185144

Minimum wages, youth employment and spatial spillovers: New evidence for Spain

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The effect of minimum wages increases on youth employment level has been extensively analysed, but recent contributions have highlighted the potential bias in these studies due to neglected spatial autocorrelation in the considered relationship. This paper contributes to this scarce literature by providing novel evidence for a country with very low interregional mobility. The aim is to see if the bias of neglecting spatial dependence acts in a similar direction than in the few studies for the United States and if this bias explains the low elasticity of youth employment to minimum wages in Spain compared to the international literature. Our results show the relevance of spatial spillovers in the Spanish regional labour markets, but after correcting for the bias, we do not find a significant negative elasticity of youth employment to minimum wages, with the only exception of those between 16 and 19 years old.

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LÓPEZ-TAMAYO, Jordi, MELGUIZO CHÁFER, Celia, RAMOS LOBO, Raúl. Minimum wages, youth employment and spatial spillovers: New evidence for Spain. _Applied Spatial Analysis And Policy_. 2022. Vol. 15, núm. pags 891–917. [consulta: 26 de novembre de 2025]. ISSN: 1874-463X. [Disponible a: https://hdl.handle.net/2445/185144]

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