Skip to main content
IZA Journal of European Labor Studies

Table 2 Regression results

From: Underreporting of earnings and the minimum wage spike

 

1

2

3

4

5

6

7

Informality

0.23

āˆ’

0.48āˆ—āˆ—

0.67āˆ—āˆ—

0.93āˆ—āˆ—

0.50āˆ—āˆ—

0.36āˆ—āˆ—

 

(0.17)

 

(0.18)

(0.27)

(0.34)

(0.19)

(0.15)

MW / AW

āˆ’

0.17

0.47āˆ—āˆ—

0.42āˆ—āˆ—

0.44āˆ—āˆ—

0.44āˆ—āˆ—

0.45āˆ—āˆ—

  

(0.19)

(0.20)

(0.20)

(0.19)

(0.19)

(0.20)

Constant

4.05āˆ—āˆ—

āˆ’1.09

āˆ’16.56āˆ—

āˆ’13.17

āˆ’14.42āˆ—

āˆ’14.48āˆ—

āˆ’15.71āˆ—

 

(1.55)

(7.63)

(8.76)

(8.32)

(8.08)

(8.28)

(8.92)

R2

0.10

0.05

0.35

0.32

0.36

0.35

0.32

Obs.

   

18

   
  1. a. Dependent variable is spike at minimum wage level in 2006 (except for the Netherlands: 2005).
  2. b. The variable ā€œInformalityā€ refers to the period 2006/2007 and is given by (see note on Table1 for details): Def 1 for columns 1) and 3), Def 2/3/4/5 for columns 4), 5), 6), 7), respectively.
  3. c. The variable ā€œMW/AWā€ is given by the minimum monthly wage as a proportion of average monthly earnings in industry and services for 2006 (except for France: 2007).
  4. d. OLS estimation. Standard errors in parenthesis.
  5. e. *** [**] (*) denote significance at 1, [5], and (10) percent level.
Back to article page