Figure 3
From: The price of fringe benefits when formal and informal labor markets coexist
Median after-tax labor income, formal and informal workers, 2005–2013. Note: this graph shows the median after-tax labor income of both formal and informal workers for the period 2005–2013. The data comes from the National Survey of Occupation and Employment (NSOE). All income measures were deflated to 2010 pesos using the Consumer Price Index of the Mexican government. The gray bar highlights periods of economic downturn according to Bank of Mexico.