RT info:eu-repo/semantics/workingPaper
T1 A cohort-based analysis of the influence of minimum wage levels on labour force participation in the informal sector : quantitative and substitution effects
A1 Mora, Jhon James
A1 Muro Romero, Juan de Dios
K1 Informality
K1 Minimum wages
K1 Instrumental variable probit
K1 Pseudo panel
K1 Sample selection bias
K1 C35
K1 J32
K1 Ciencias económicas
K1 Estadística
K1 Economics
K1 Statistics
AB This paper discuses the effect of the minimum wage level on the decision to join the informal job sector. We estimate a pseudo panel of the engagement in the informal sector using an IV-probit. The findings show that an increase in the minimum wage level leads to a substitution effect between young and older workers. This results show that the standards effects over the labor market in the WGM segmented model are moderate because an increase of the minimum wage level does not imply total mobility between sectors.
PB Universidad de Alcalá. Departamento de Estadística, Estructura Económica y Organización Económica Internacional
YR 2010
FD 2010-06
LK http://hdl.handle.net/10017/7203
UL http://hdl.handle.net/10017/7203
LA eng
NO The authors are thankful for the valuable suggestions of Ximena Dueñas and Luisa Fernanda Bernat at Icesi University, and those who attended the IARIW and CLADEA Conferences. Jhon James Mora acknowledges Icesi University and The National Institute of Science and Technology in Colombia (COLCIENCIAS) for their financialassistance. All remaining errors are own
DS MINDS@UW
RD 20-abr-2024