Gindling, T. H.; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2007
Taking advantage of a complex minimum wage structure in Honduras, this paper examines how changes in minimum wages over … the economy: medium and large-scale firms v. small firms in the private sector (where minimum wage legislation applies … effectively enforced only in medium and largescale firms, where a 1% increase in the minimum wage leads to an increase of 0.29% in …