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Research suggests that, at the levels set in countries like the US and the UK, minimum wages have little effect on employment but do have impacts on wage inequality. However we lack models that can explain these facts – this paper presents one based on imperfect labour markets. The paper also...
Persistent link: https://www.econbiz.de/10010745313
This paper explores the contribution of the minimum wage to the well documented rise in earnings inequality in Mexico between the late 1980 and the late 1990s. In contrast to the view that sees minimum wages as an ineffective redistributive tool in developing countries, we find that the...
Persistent link: https://www.econbiz.de/10010745487
Although there is a large literature on the economic effects of minimum wages on labour market outcomes (especially employment), there is hardly any evidence on their impact on firm performance. This is surprising: minimum wages appear to have a significant impact on wages, but only a limited...
Persistent link: https://www.econbiz.de/10010746021
This paper investigates the impact on the wage distribution of the introduction, in April 1999, of the National Minimum Wage in the UK. Because of the structure of UK earnings statistics, it is not straightforward to investigate this and a number of different methods for adjusting the published...
Persistent link: https://www.econbiz.de/10010746075
One potential channel through which the effects of the minimum wage could be directed is that firms who employ minimum wage workers could have passed on any higher labour costs resulting from the minimum wage in the form of higher prices. This study looks at the effects of the minimum wage on...
Persistent link: https://www.econbiz.de/10010884638
This paper provides evidence on a wide set of margins along which labor markets can adjust in response to increases in the minimum wage, including wages, hours, employment, and ultimately labor income, representing the central margins of adjustment that impact the economic well-being of workers...
Persistent link: https://www.econbiz.de/10005207536
This paper provides a review and critical discussion of indicators, which attempt to combine the measurement of … (GS) have merely focused on the capacity to provide utility in the future, but have not included the measurement of … failed to account for sustainability in their measurement of current well-being. The paper then critically reviews the Index …
Persistent link: https://www.econbiz.de/10010745092
approach as its measurement framework and recommended that all public bodies use the framework to “agree priorities, set …: Final Recommendations of the Equalities Review Steering Group on Measurement (CASEpaper 121), were prepared as background … papers to assist in the development of the measurement framework for the Equalities Review. It discusses the challenges in …
Persistent link: https://www.econbiz.de/10011071284
Social capital has emerged as a key concept on the social sciences in general and political science/public policy in particular over the last two decades or so, because, by facilitating collective action among the actors, it leads to increased levels of performance in several public policy areas...
Persistent link: https://www.econbiz.de/10005797588
poverty compels work whereas a positive wage elasticity would favour the alternative view that children work because the … boys, consistent with the view that boys work on account of the compulsions of poverty. This is less clear in the case of … requires alleviation of the poverty of their households. Trade sanctions or bans on child labour may have deleterious …
Persistent link: https://www.econbiz.de/10010744915