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Table 9 10-year returns using alternative definitions of informality

From: The sources of wage growth in a developing country

  (1) (2) (3) (4) (5) (6) (7) (8)
Informal: self-employed and salaried informal in same category Informal: not using information on medical benefits Informal: all self-employed and small firms Informal: based on medical benefits only
  OLS IV OLS IV OLS IV OLS IV
Employer −0.061 0.218 0.036 0.196 −0.028 0.114 −0.089 −0.128
  (0.105) (0.149) (0.118) (0.170) (0.099) (0.140) (0.117) (0.145)
Occupation −0.181** −0.136 −0.136 −0.037 −0.097 −0.056 −0.166* −0.110
  (0.083) (0.125) (0.083) (0.125) (0.080) (0.119) (0.098) (0.138)
Industry 0.082 0.092 0.163 0.125 0.018 0.009 0.013 0.266
  (0.108) (0.152) (0.104) (0.146) (0.100) (0.141) (0.141) (0.186)
Potential experience 0.150*** 0.139*** 0.126*** 0.120*** 0.135*** 0.127*** 0.038 0.012
  (0.031) (0.030) (0.027) (0.027) (0.028) (0.027) (0.037) (0.039)
Formal 0.197* 0.206 −0.070 −0.006 0.183* 0.344** 0.343** 0.265*
  (0.107) (0.152) (0.133) (0.193) (0.103) (0.148) (0.118) (0.147)
Informal −0.137 −0.265** −0.073 −0.089 −0.080 −0.014 −0.056 −0.145
  (0.098) (0.132) (0.113) (0.157) (0.091) (0.126) (0.123) (0.142)
  1. Notes: Robust standard errors in parentheses; ***p < 0.01, **p < 0.05, *p < 0.1