Table 5 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 and 1995
| Â | Model 1 | Model 2 |
|---|---|---|
Informality | 1.266 | 0.853 |
| Â | (0.348) | (0.367) |
Share skill 2 | 1.199 | −0.376 |
| Â | (0.917) | (0.360) |
Share skill 3 | 0.993 | 0.395 |
| Â | (0.766) | (0.222) |
Share skill 4 | 0.020 | 0.001 |
| Â | (0.016) | (0.013) |
Share age 2 | −1.720 | −0.767 |
| Â | (0.933) | (0.791) |
Share age 3 | −1.613 | −0.649 |
| Â | (0.562) | (0.150) |
Year | −0.001 | 0.005 |
| Â | (0.007) | (0.014) |
Constant | 2.081 | −10.837 |
| Â | (13.565) | (29.318) |
Observations | 16 | 16 |