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Table 3 Wage regression using fixed effects for all workers

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

  (1) (2) (3) (4) (5) (6) (7) (8)
VARIABLES log log- below level level-below imput1 - log imput1 - level imput2 - log imput2 - level
log MW 0.129** 0.328***    0.145***   0.164***  
  (0.0593) (0.0998)    (0.0552)   (0.0571)  
mw_real    0.319*** 0.301***   0.308***   0.320***
    (0.0752) (0.0841)   (0.0738)   (0.0745)
log prov. GDP 0.118*** 0.270*** −462.6 48,243 0.143*** −1,368 0.153*** −3,261
  (0.0424) (0.0797) (28,407) (42,374) (0.0404) (27,949) (0.0437) (28,983)
elementary school 0.0357 −0.0150 10,834 −180.4 0.0626 10,523 0.0801* 13,549
  (0.0444) (0.0737) (19,754) (23,472) (0.0412) (19,414) (0.0415) (19,176)
middle school 0.0668 0.0833 31,917 15,971 0.0992* 37,031 0.115** 33,885
  (0.0549) (0.102) (31,208) (39,272) (0.0515) (30,522) (0.0539) (30,397)
high school 0.216*** 0.466*** 76,022* 135,301*** 0.242*** 77,539* 0.246*** 66,851*
  (0.0682) (0.143) (41,167) (51,888) (0.0650) (40,261) (0.0694) (40,265)
higher educ 0.363*** 0.941*** 320,516*** 528,869*** 0.386*** 321,055*** 0.391*** 313,286***
  (0.0902) (0.239) (71,297) (141,645) (0.0876) (70,374) (0.0906) (70,445)
urban 0.116*** 0.158*** 61,856*** 23,654 0.0915*** 63,970*** 0.0907*** 64,266***
  (0.0326) (0.0551) (17,567) (18,567) (0.0302) (17,276) (0.0318) (17,818)
2000 0.00297 0.322*** 11,129 113,838*** 0.00627 7,821 −0.000519 7,680
  (0.0198) (0.0361) (8,162) (8,786) (0.0184) (8,022) (0.0189) (8,078)
2007 0.153*** 0.529*** 85,773*** 182,642*** 0.128*** 87,089*** 0.113*** 86,086***
  (0.0212) (0.0385) (12,996) (17,386) (0.0201) (12,781) (0.0210) (13,043)
Observations 16,773 7,200 19,617 9,613 18,308 19,617 18,162 19,617
Adj. R-squared 0.051 0.175 0.050 0.145 0.046 0.051 0.048 0.051
  1. All specifications include sector and year dummies as control variables
  2. Robust standard errors in parentheses
  3. *p<0.1, **p<0.05, ***p<0.01