Minimum Wage: Does it Improve Welfare in Thailand?
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http://hdl.handle.net/10045/91928
Títol: | Minimum Wage: Does it Improve Welfare in Thailand? |
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Autors: | Del Carpio, Ximena V. | Messina, Julián | Sanz-de-Galdeano, Anna |
Grups d'investigació o GITE: | Economía Laboral y Econometría (ELYE) |
Centre, Departament o Servei: | Universidad de Alicante. Departamento de Fundamentos del Análisis Económico |
Paraules clau: | Employment | Inequality | Minimum wage | Poverty | Uncovered sector |
Àrees de coneixement: | Fundamentos del Análisis Económico |
Data de publicació: | de juny-2019 |
Editor: | Wiley |
Citació bibliogràfica: | Review of Income and Wealth. 2019, 65(2): 358-382. doi:10.1111/roiw.12360 |
Resum: | We study the causal impact of the minimum wage on labor market outcomes, household consumption, inequality and poverty in Thailand by relying on policy variation in minimum wages over time across provinces. We find that minimum‐wage increases have a large and significant impact on the likelihood of working in the uncovered sector among workers with elementary education. However, the impact is very small and insignificant among other labor market groups. In contrast, the minimum wage has large positive effects on the formal sector wages of low‐earning workers, such as the young, elderly and low educated. Increases in the minimum wage are associated with reductions in household poverty and consumption inequality at the bottom half of the distribution. |
Patrocinadors: | This research was sponsored by the World Bank under contract 7800772 and the Development Research Funds. Sanz‐de‐Galdeano gratefully acknowledges financial support from the Spanish Ministry of Economy and Competitiveness Grant ECO2014‐58434‐P. |
URI: | http://hdl.handle.net/10045/91928 |
ISSN: | 0034-6586 (Print) | 1475-4991 (Online) |
DOI: | 10.1111/roiw.12360 |
Idioma: | eng |
Tipus: | info:eu-repo/semantics/article |
Drets: | © 2018 International Association for Research in Income and Wealth |
Revisió científica: | si |
Versió de l'editor: | https://doi.org/10.1111/roiw.12360 |
Apareix a la col·lecció: | INV - ELYE - Artículos de Revistas |
Arxius per aquest ítem:
Arxiu | Descripció | Tamany | Format | |
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2019_del-Carpio_etal_ReviewIncomeWealth_final.pdf | Versión final (acceso restringido) | 297,62 kB | Adobe PDF | Obrir Sol·licitar una còpia |
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