Table 3 Regression of wage inequality on the share of informal workers in model 1 and in model 2. System of equations with peso crisis defined as a dummy = 1 for 1994, 1995 and 1996
| Â | Model 1 | Model 2 |
|---|---|---|
Informality | 0.773 | 0.738 |
| Â | (0.244) | (0.263) |
Share skill 2 | 0.985 | −0.359 |
| Â | (0.904) | (0.362) |
Share skill 3 | 1.878 | 0.458 |
| Â | (0.621) | (0.175) |
Share skill 4 | 0.001 | −0.003 |
| Â | (0.013) | (0.010) |
Share age 2 | −1.361 | −0.631 |
| Â | (0.909) | (0.737) |
Share age 3 | −1.151 | −0.619 |
| Â | (0.508) | (0.135) |
Year | −0.005 | 0.002 |
| Â | (0.007) | (0.012) |
Constant | 10.659 | −4.617 |
| Â | (12.778) | (26.076) |