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This paper investigates the role of minimum wages in determining school enrolment (educational investment) in Indonesia using the National Socioeconomic Survey (Susenas). It finds that minimum wage legislation has a negative and significant substitution effect on educational investment. Individuals are more likely to drop out of senior secondary school as a result of a minimum wage legislation. Even though the response among low-income households is positive, this result may be generated by a fall in the probability of obtaining low-skilled employment, which offset the substitution effect.
Call Number | Location | Available |
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PSB lt.2 - Karya Akhir | 1 |
Penerbit | : Bulletin of Monetary Economics and Banking 2021 |
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Edisi | - |
Subjek | Minimum wage This paper investigates the role of minimum wages income households is positive this result may be generated by a fall in the prob skilled employment which offset the substitution effect Human capital investment |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |