The minimum wage in formal and informal sectors: Evidence from an inflation shock
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DOI: 10.1016/j.worlddev.2020.104999
Abstract: Abstract I estimate the effect of the minimum wage on formal wages, informal wages, and employment in Colombia. I exploit an unexpected increase in the real minimum wage during 1999. My analysis combines unconditional quantile… read more here.
Keywords: evidence; minimum wage; wage; sector ... See more keywords