Minimum Wage and Informality in Ecuador
Carla Canelas
No wp-2014-006, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
This paper investigates if changes in the minimum wage have influenced changes on the formality and informality rates, and the level of wages in Ecuador. A 12-year panel was built. It allows to overcome the short time span of household data and so to characterize changes over time. Results suggest that the minimum wage has virtually no effect on employment and wages.
Keywords: Informal sector; Labour market; Labour supply; Wages (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2014-006
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