Could the minimum wage policy reduce food insecurity among households of formal workers in Indonesia?

Table 12 The estimated coefficient of subsample estimation based on tenure

Decile	Tenure > 1 year	Value at p^th decile	Tenure ≤ 1 year	Value at p^th decile
1	7.255***	1,040,000	1.037	800,000
2	3.620**	1,475,000	1.438	1,000,000
3	4.836**	1,690,000	5.472	1,300,000
4	3.652**	2,000,000	1.850	1,500,000
5	3.059*	2,300,000	3.069	1,800,000
6	− 0.176	2,600,000	3.325	2,000,000
7	− 0.053	3,000,000	3.032	2,400,000
8	− 1.900	3,500,000	2.969	2,800,000
9	− 1.054	4,300,000	2.599	3,500,000
Obs	37600		7892

Dependent variable: Log real wage, variable of interest: log real minimum wage.
Bootstrapped standard errors (100 replications). t-statistics: * p < 0.1, ** p < 0.05, *** p < 0.01. Control variables at the provincial level: inflation, economic growth, and neighboring real minimum wage. Control variables at the individual level: location, gender, age, age squared, education, and job tenure.

ISSN: 2048-7010