| Decile | ||||
---|---|---|---|---|---|
 | 1 | 2 | 5 | 8 | 9 |
Ln real minimum wage | 5.655** (2.02) | 5.097** (2.54) | 3.044** (2.22) | − 2.520 (− 0.74) | − 0.149 (− 0.05) |
Ln neighboring real minimum wage | − 2.634 (− 0.87) | − 1.239 (− 0.51) | − 0.0260 (− 0.02) | − 0.653 (− 0.28) | − 0.177 (− 0.11) |
Urban | − 0.014 (− 0.52) | − 0.027 (− 0.86) | 0.004 (0.21) | 0.027*** (2.71) | 0.028* (1.84) |
Male | 0.387*** (5.52) | 0.223*** (3.51) | 0.119*** (2.58) | 0.0991*** (4.24) | 0.147*** (5.46) |
Age | 0.062*** (10.00) | 0.054*** (12.74) | 0.042*** (6.66) | 0.019*** (4.43) | 0.015*** (3.41) |
Agesq | − 0.001*** (− 10.99) | − 0.001*** (− 13.39) | − 0.0005*** (− 6.59) | − 0.0001*** (− 3.13) | − 0.00003 (− 0.65) |
Tenure <  = 1 year | − 0.329*** (− 11.85) | − 0.253*** (− 9.88) | − 0.193*** (− 6.98) | − 0.0943*** (− 5.82) | − 0.0963*** (− 5.57) |
educ = 1 | 0 (.) | 0 (.) | 0 (.) | 0 (.) | 0 (.) |
educ = 2 | 0.283*** (5.49) | 0.177*** (6.52) | 0.082*** (4.60) | 0.033* (1.81) | 0.043* (1.87) |
educ = 3 | 0.601*** (8.27) | 0.464*** (9.76) | 0.294*** (6.04) | 0.131*** (4.24) | 0.146*** (5.60) |
educ = 4 | 0.831*** (8.86) | 0.733*** (11.28) | 0.559*** (5.82) | 0.354*** (5.49) | 0.389*** (8.56) |
educ = 5 | 0.943*** (10.46) | 0.874*** (12.13) | 0.865*** (6.82) | 0.807*** (6.20) | 1.233*** (7.00) |
educ = 6 | 0.908*** (7.08) | 0.872*** (10.56) | 0.956*** (5.45) | 1.266*** (5.98) | 2.210*** (5.79) |
Growth | 0.007 (0.39) | 0.006 (0.55) | − 0.0001 (− 0.01) | 0.005 (0.43) | 0.008 (0.59) |
Inflation | 0.021 (0.82) | 0.024* (1.68) | 0.016 (0.94) | − 0.032 (− 0.99) | 0.034 (0.82) |
Constant | − 30.99 (− 1.06) | − 42.27* (− 1.66) | − 29.69 (− 1.35) | 58.93 (1.25) | 18.54 (0.41) |
Observations | 45492 | 45492 | 45492 | 45492 | 45492 |
R2 | 0.117 | 0.168 | 0.306 | 0.259 | 0.207 |
Adjusted R2 | 0.116 | 0.167 | 0.306 | 0.258 | 0.206 |