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

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 Turkey in 2016. It utilizes an exceptionally rich, employer-employee-linked dataset that shows the wage distribution within firms, which enables to measure...

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Author

Bossavie,Laurent Loic Yves;

Acar,Aysenur;

Makovec,Mattia;
Document Date
2019/02/15
Document Type
Policy Research Working Paper
Report Number
WPS8749
Volume No
1
Total Volume(s)
1
Country
Turkiye,
Region
Europe and Central Asia,
Disclosure Date
2019/02/16
Disclosure Status
Disclosed
Doc Name
The Impact of the Minimum Wage on Firm Destruction, Employment and Informality
Keywords
minimum wage

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Citation

Bossavie,Laurent Loic Yves; Acar,Aysenur; Makovec,Mattia.

The Impact of the Minimum Wage on Firm Destruction, Employment and Informality (English). Policy Research working paper|no. WPS 8749 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/922261550256034160

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

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