Choi, Jaerim; Rivadeneyra, Ivan; Ramirez, Kenia - 2021
When Ecuador raised its monthly Unified Minimum Wage from $170 to $200 in 2008, it affected 35 percent of all private … sector workers. We use this unexpected minimum wage hike under former president Rafael Correa to assess the labor market … impacts of the minimum wage. We use an administrative dataset that covers all formal sector workers by month. Adopting a …