A persistence model of the national minimum wage

This paper utilises the panel element of the BHPS (waves 9 to 14) to examine the dynamics of the National Minimum Wage (NMW) introduced to Britain in 1999. Specifically a persistence measure based on a random effects probit model for those affected by the NMW is constructed. The conditional probabilities imply some degree of state dependence, but there is also a considerable amount of turnover from one year to the next among those affected by the NMW

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Year of publication:	2007
Authors:	Jones, Melanie K. ; Jones, Richard J. ; Murphy, Philip D. ; Sloane, Peter J.
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Mindestlohn \| Lohnrigidität \| Soziale Mobilität \| Schätzung \| Großbritannien

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Series:	IZA Discussion Papers ; 2595
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	527827746 [GVK] hdl:10419/33985 [Handle]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010267941