Gindling, T. H.; Terrell, Katherine - 2006
globalization to test whether minimum wages are an effective poverty reduction tool in this environment. We find that minimum wage … increases in Honduras reduce extreme poverty, with an elasticity of -0.18, and all poverty, with an elasticity of -0.10 (using … minimum wages are not enforced (small firms) or do not apply (self-employed and public sector). …