Table 10 Employment Regression (IV)
From: The impact of minimum wages on informal and formal labor market outcomes: evidence from Indonesia
| Â | (1) | (2) | (3) |
|---|---|---|---|
VARIABLES | all | formal | informal |
log MW | 0.0606 | −0.215 | 0.259 |
| Â | (0.150) | (0.151) | (0.245) |
log prov. GDP | 0.0430*** | 0.0887*** | −0.0786*** |
| Â | (0.0164) | (0.0165) | (0.0219) |
elementary school | 0.000350 | −0.00893 | 0.00194 |
| Â | (0.0115) | (0.0116) | (0.0140) |
middle school | −0.0178 | −0.00854 | −0.000549 |
| Â | (0.0166) | (0.0167) | (0.0208) |
high school | −0.0287 | 0.00569 | −0.0356 |
| Â | (0.0214) | (0.0215) | (0.0268) |
higher educ | −0.0255 | 0.123*** | −0.129*** |
| Â | (0.0306) | (0.0307) | (0.0367) |
urban/rural | 0.0194** | 0.0363*** | −0.0409*** |
| Â | (0.00894) | (0.00899) | (0.0114) |
Observations | 49,605 | 49,605 | 36,790 |