In Mexico, where formal jobs have low starting salaries which increase rapidly over time, temporary wage subsidies to young high school graduates lead to sustained formal employment gains
When SOEs are privatised their employees’ wages, particularly for the less educated, fall dramatically, which also has negative spillover effects on workers at other private sector firms.
When SOEs are privatised their employees’ wages, particularly for the less educated, fall dramatically, which also has negative spillover effects on workers at other private sector firms.
