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Table 10 Employment Regression (IV)

From: The impact of minimum wages on informal and formal labor market outcomes: evidence from Indonesia

  (1) (2) (3)
VARIABLES all formal informal
log MW 0.0606 −0.215 0.259
  (0.150) (0.151) (0.245)
log prov. GDP 0.0430*** 0.0887*** −0.0786***
  (0.0164) (0.0165) (0.0219)
elementary school 0.000350 −0.00893 0.00194
  (0.0115) (0.0116) (0.0140)
middle school −0.0178 −0.00854 −0.000549
  (0.0166) (0.0167) (0.0208)
high school −0.0287 0.00569 −0.0356
  (0.0214) (0.0215) (0.0268)
higher educ −0.0255 0.123*** −0.129***
  (0.0306) (0.0307) (0.0367)
urban/rural 0.0194** 0.0363*** −0.0409***
  (0.00894) (0.00899) (0.0114)
Observations 49,605 49,605 36,790
  1. All specifications include child, elderly, and year dummies as control variables
  2. Standard errors in parentheses
  3. *p<0.1, **p<0.05, ***p<0.01