Minimum Wage: Does it Improve Welfare in Thailand?
利用泰国各省最低工资政策差异，研究发现最低工资提高对低教育工人非正规就业影响大，但显著提升低薪工人正规部门工资，并降低家庭贫困和消费不平等。
We study the causal impact of the minimum wage on labor market outcomes, household consumption, inequality and poverty in Thailand by relying on policy variation in minimum wages over time across provinces. We find that minimum‐wage increases have a large and significant impact on the likelihood of working in the uncovered sector among workers with elementary education. However, the impact is very small and insignificant among other labor market groups. In contrast, the minimum wage has large positive effects on the formal sector wages of low‐earning workers, such as the young, elderly and low educated. Increases in the minimum wage are associated with reductions in household poverty and consumption inequality at the bottom half of the distribution.