The Impact of the Minimum Wage on Firm Destruction, Employment and Informality

The Impact of the Minimum Wage on Firm Destruction, Employment and Informality

This paper studies the effects of a large increase in the minimum wage on the destruction of formal firms, and the associated impacts on employment, wages, and informality in a developing economy. It examines the ramifications of a 33 percent nominal increase in the minimum wage that took effect in...

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Bibliographic Details
Main Authors: Acar, Aysenur, Bossavie, Laurent, Makovec, Mattia
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
MINIMUM WAGE
EDUCATIONAL ATTAINMENT
POVERTY
LABOR PRODUCTIVITY
FIRM BEHAVIOR
Online Access:http://documents.worldbank.org/curated/en/922261550256034160/Do-Firms-Exit-the-Formal-Economy-after-a-Minimum-Wage-Hike-Quasi-Experimental-Evidence-from-Turkey
http://hdl.handle.net/10986/31312

Internet

http://documents.worldbank.org/curated/en/922261550256034160/Do-Firms-Exit-the-Formal-Economy-after-a-Minimum-Wage-Hike-Quasi-Experimental-Evidence-from-Turkey
http://hdl.handle.net/10986/31312

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