Giupponi, Giulia; Machin, Stephen - 2018
This paper analyses the economic impact of a significant change to the structure of a minimum wage setting policy. The … setting in 2016 by introducing a new minimum wage - the National Living Wage (NLW) - for workers aged 25 and over. The new NLW … rate was significantly higher than the minimum wage for those under age 25. The analysis studies the consequences of this …