Using matched employer-employee administrative data from Uruguay, we analyze the distributive effects of a wage policy with a national minimum wage and more than two hundred sectoral minimum wages. This wage policy reduces inequality in the lower tail of the wage distribution for all formal private workers, mainly among males, and during a most favorable macroeconomic context. For males, we find spillovers affecting the upper end. Exploring job mechanisms: a smaller distributive effect aligns with a higher displacement effect within sectors in the bottom distribution and among the more affected sectors, but no evidence is found in total employment performance.

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This paper studies the trade-off nature of the external knowledge-sourcing strategy of firms. Different combinations of external knowledge and information sources (KISs) on innovation performance are analyzed in the light of the existence of complementary and substitution effects between relational and codified sources. We assert that these effects are conditioned by the knowledge basis of the firm, which is associated with the firm’s relative cost of sourcing and internationalization. Our results shed new evidence on the specific features of sourcing knowledge for innovation in a less developed context, highlighting the critical role of codified sources and explaining the existence of the trade-offs that firms face in accessing and exploiting external KISs.

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