Gindling, Tim; Terrell, Kathrine - 2006
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 large-scale firms, where a 1%increase in the minimum wage leads to an increase of 0.29% in …