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

Table 5 The minimum wage impacts along the wage distribution of formal manufacturing workers

Decile	Coefficients of log of real minimum wage	Wage value at p^th decile
1	5.655**	1000000
2	5.097**	1400000
3	3.572**	1600000
4	3.772**	1870000
5	3.044**	2134000
6	0.602	2500000
7	1.477	3000000
8	− 2.520	3500000
9	− 0.149− 0.149	4100000
Obs	45492	45492

Dependent variable: log of real 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