Table 4 Wage regression using fixed effects for formal workers

log MW

0.178***

0.613***

(0.0650)

(0.150)

mw_real

0.446***

0.548***

(0.110)

(0.142)

log prov. GDP

0.0770*

0.0970

−4,600

5,197

(0.0450)

(0.118)

(42,051)

(111,281)

elementary school

0.0308

−0.000173

8,684

−25,953

(0.0496)

(0.0842)

(25,509)

(24,315)

middle school

0.0232

0.142

8,909

50,194

(0.0693)

(0.135)

(42,818)

(69,684)

high school

0.330***

0.745***

119,712**

211,456***

(0.0813)

(0.181)

(53,019)

(79,081)

higher educ

0.516***

1.116***

428,126***

634,912***

(0.0971)

(0.263)

(77,021)

(166,072)

urban

0.118***

0.210***

62,937***

74,486**

(0.0344)

(0.0694)

(22,293)

(31,506)

2000

−0.00955

0.316***

4,746

109,358***

(0.0228)

(0.0591)

(11,163)

(13,638)

2007

0.264***

0.596***

185,614***

229,523***

(0.0223)

(0.0553)

(18,851)

(44,622)

Observations

8,198

2,681

8,363

2,804

Adj. R-squared

0.157

0.280

0.179

0.290