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Table 6 Descriptive statistics of all employees in the LFS 1994 sample

From: Does the minimum wage reduce wage inequality? Evidence from Thailand

LFS 1994

Below Min

Between Min

Between Min

Above Min

 

Wage 93

Wage 94/93

Wage 95/94

Wage 95

Female

0.516

0.356

0.462

0.338

 

(0.4998)

(0.479)

(0.4987)

(0.4732)

Age

30.443

29.370

27.755

34.102

 

(12.0203)

(10.1998)

(8.8799)

(9.9641)

Urban

0.322

0.384

0.440

0.592

 

(0.4673)

(0.4867)

(0.4965)

(0.4915)

Year of education

5.205

6.237

6.783

10.091

 

(2.4708)

(2.8967)

(2.9868)

(4.821)

Log hourly wage

2.172

2.668

2.765

3.512

 

(0.4041)

(0.128)

(0.139)

(0.6039)

Working hours per week

54.635

52.447

49.799

44.288

 

(12.4123)

(10.8359)

(7.907)

(9.6329)

Firm size fewer than 10 ppl

0.577

0.388

0.186

0.192

 

(0.494)

(0.4875)

(0.3893)

(0.3939)

Firm size more than 100 ppl

0.086

0.194

0.428

0.182

 

(0.2806)

(0.3959)

(0.4949)

(0.3862)

Obs (weighted)

4,401,933

307,065

792,427

5,426,519