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type="main" xml:id="rssa12003-abs-0001" <title type="main">Summary</title> <p>A regression discontinuity approach is used to analyse the effect of the legislated increase in the UK national minimum wage that occurs at age 22 years on various labour market outcomes. Using data from the Labour Force Survey we find an increase...</p>
Persistent link: https://www.econbiz.de/10011037811
The minimum wage has never been as high on the political agenda as it is today, with politicians in Germany, the UK, the US, and other OECD countries calling for substantial increases in the rate. One reason for the rising interest is the growing consensus among economists and policymakers that...
Persistent link: https://www.econbiz.de/10011433822
Persistent link: https://www.econbiz.de/10009351900
The previous Labour government pledged to abolish child poverty and introduced a range of welfare reforms that emphasised the role of work as the primary route out of poverty. This culminated in the Child Poverty Act (2010) which commits all future governments to the abolition of child poverty....
Persistent link: https://www.econbiz.de/10009372086
In the 1980s and 1990s successive United Kingdom governments enacted a series of reforms to establish a more market-oriented economy, closer to the American model and further away from its Western European competitors. Today, the United Kingdom is one of the least regulated economies in the...
Persistent link: https://www.econbiz.de/10014488291
Recent work on the economic effects of minimum wages has stressed that the standard economic model, where increases in minimum wages depress employment, is not supported by the empirical findings in some labour markets. In this paper we present a theoretical framework which is general enough to...
Persistent link: https://www.econbiz.de/10005714064
Scholars emphasize that poverty in Britain has risen sharply since the late 1970s. Meanwhile in the United States, both official figures and traditional poverty scholars report sharp declines in poverty. We seek to provide a comparison of poverty levels in Britain and the US based on a set of...
Persistent link: https://www.econbiz.de/10005720189
Persistent link: https://www.econbiz.de/10005131152
This paper focuses on the estimation and testing of equivalence scales in the context of a demand system with nonline ar logarithmic expenditure effects in its budget-share equations. The authors show that such nonlinearity enables one to identify the scal es without demographic separability...
Persistent link: https://www.econbiz.de/10005072306
Recent work on the economic effects of minimum wages has stressed that the standard economic model, where increases in minimum wages depress employment, is not supported by empirical work in some labor markets. The authors present a general theoretical model whereby employers have some degree of...
Persistent link: https://www.econbiz.de/10005601634