Table 8 Effect of the minimum wage on changes in log wages of different sub-samples from 3 rd quarter 1994 to 1995
From: Does the minimum wage reduce wage inequality? Evidence from Thailand
Percentile | All workers | Male private employees | Large firms employees | |||
|---|---|---|---|---|---|---|
(1) | (2) | (1) | (2) | (1) | (2) | |
5 | –0.375 | –0.389 | 0.880 | –0.711 | –0.320 | –0.692 |
(0.644) | (0.514) | (1.076) | (0.664) | (0.456) | (0.486) | |
10 | 0.111 | 0.102 | –0.00874 | –0.499 | 0.295 | –0.434 |
(0.463) | (0.371) | (0.399) | (0.318) | (0.465) | (0.413) | |
20 | –0.386 | –0.394 | –0.0143 | –0.524 | 0.609 | –0.178 |
(0.357) | (0.301) | (0.468) | (0.390) | (0.419) | (0.344) | |
25 | –0.409 | –0.416* | –0.192 | –0.544** | 0.791** | –0.0609 |
(0.274) | (0.219) | (0.243) | (0.258) | (0.386) | (0.240) | |
30 | –0.378 | –0.389 | 0.109 | –0.259 | 0.457 | –0.312** |
(0.417) | (0.276) | (0.287) | (0.224) | (0.296) | (0.145) | |
40 | –0.217 | –0.228 | 0.0411 | –0.335 | 0.442 | –0.207 |
(0.389) | (0.258) | (0.304) | (0.265) | (0.372) | (0.188) | |
50 | 0.187 | 0.174 | 0.607 | 0.0254 | 0.232 | –0.203 |
(0.366) | (0.233) | (0.409) | (0.211) | (0.258) | (0.186) | |
75 | 0.0638 | 0.0580 | –0.413** | –0.530*** | 0.121 | –0.394 |
(0.529) | (0.549) | (0.184) | (0.180) | (0.369) | (0.323) | |
90 | 0.438 | 0.433 | 0.724 | 0.109 | 0.258 | –0.462 |
(0.704) | (0.729) | (0.496) | (0.472) | (0.381) | (0.392) | |
95 | –0.0351 | –0.0402 | –0.268 | –0.831 | 0.575 | –0.105 |
(0.512) | (0.532) | (0.822) | (0.882) | (0.573) | (0.628) | |
Average wage | No | Yes | No | Yes | No | Yes |