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Minimum Wage: Does It Improve Welfare in Thailand?

Ximena Del Carpio, Julián Messina, Anna Sanz-de-Galdeano
1/1/2014
Online article
Protecting people or jobs

We find that minimum-wage increases in Thailand have small disemployment effects on female, elderly, and less-educated workers and large positive effects on the wages of prime-age male workers. As such, increases in the minimum wage are associated with increases in household consumption per capita in general, but the consumption increase is greatest among those households around the median of the distribution. In fact, rises in the minimum wage increased inequality in consumption per capita within the bottom half of the distribution.

Link: http://www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=7911

Tags: South Asia;Thailand;minimum wage
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