CEU eTD Collection (2024); Enkhbayar, Namuun: Effect of minimum wage increase on gender wage gap in Mongolia

CEU Electronic Theses and Dissertations, 2024
Author Enkhbayar, Namuun
Title Effect of minimum wage increase on gender wage gap in Mongolia
Summary This study examines the impact of large minimum wage increase observed in Mongolia in 2019 on wage difference between men and women. The estimation is conducted on both the entire sample and subsets categorized by different education levels and age groups to account for any potential varied effects across groups experiencing distinct wage dynamics resulting from different labor market qualifications and experiences. To account for the impact of minimum wage increase, Mincerian wage equations and Oaxaca-Blinder decomposition method is used. The findings suggest that the substantial reduction in the wage difference between men and women observed among young workers and workers with low educational attainment is due to the rise in the minimum wage. The impact of minimum wage increase are insignificant for older workers and for workers with higher education. The findings support the literature that a minimum wage policy would be a useful instrument for closing the pay gaps between men and women, specifically for those who are less experienced and have poor qualifications.
Supervisor Weber, Andrea
Department Economics MA
Full texthttps://www.etd.ceu.edu/2024/enkhbayar_namuun.pdf

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