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...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| 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 |