Fiche du document
1 décembre 2014
- handle: 10670/1.cxzga8
Ce document est lié à :
10.15446/cuad.econ.v33n63.45342
info:eu-repo/semantics/openAccess
Sujets proches
Wages--Minimum wage Minimum wagesCiter ce document
Jhon James Mora et al., « Informality and minimum wages by cohort in Colombia », Cuadernos de Economía, ID : 10670/1.cxzga8
Métriques
Partage / Export
Résumé
This article aims to analyze the effect of minimum wage levels on the decision to join the informal job sector. We estimated a pseudo panel model of engagement in the informal sector using an IV-probit. Our results show that an increased wage gap-the relative difference between observed and minimum wage-has not only a disincentive effect on the probability of joining informality, but also leads to a substitution effect between younger and older cohorts.