September 6, 2006 Mirco Tonin: Did the Minimum Wage Increase in 2001 Reduce Tax Evasion In Hungary? Some interim results

The seminar will be held in the Visitor Centre at 3 pm, in English language.

Mirco Tonin (IIES Stockholm, MNB visiting researcher)

Abstract

This study investigates whether the increase in the Hungarian minimum wage in 2001 reduced underreporting of earnings by employed labour. The predictions of the theory developed in Tonin (2006) are tested using Household Budget Survey data. A difference-in-difference approach is used to show that those earning between the old and the new minimum wage experienced a decline in their food consumption compared to a control group.

Paper 1

Paper 2

Paper 3

Vissza a tetejére

The primary objective of the MNB shall be to achieve and maintain price stability. (...) Without prejudice to its primary objective, the MNB shall support the maintenance of the stability of the system of financial intermediation, the enhancement of its resilience, its sustainable contribution to economic growth; furthermore, the MNB shall support the government’s economic policy and its policy related to environmental sustainability, using instruments at its disposal.