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We exploit a natural experiment provided by the 1990 introduction of the UK National Minimum Wage (NMW) to investigate the relationship between wages and monitoring and to test for Efficiency Wages considerations in a low-wage sector, the UK residential care homes industry. Our findings seem to...
Persistent link: https://www.econbiz.de/10005151013
A century has passed since the first call for a British national minimum wage (NMW). That remarkable Fabian tract discussed wage setting, coverage, monopsony, international labour standards, inspection and compliance and the interaction between the NMW and the social security system. The NMW was...
Persistent link: https://www.econbiz.de/10005797315
L’inégalité des revenus s’est considérablement accrue depuis les années 1980, la part des revenus du 1 % le plus riche augmentant de 27 % entre 1980 et 2005. Alors que cet écart croissant entre les riches et les pauvres est inquiétant, les membres affiliés du RCCMTC Abigail Payne...
Persistent link: https://www.econbiz.de/10011184370
Income inequality has risen significantly since the 1980s, with the share of income among the top 1% increasing by 27% between 1980 and 2005. While the widening gap between the rich and poor is concerning, CLSRN affiliates Abigail Payne (McMaster University) and Justin Smith (Wilfrid Laurier...
Persistent link: https://www.econbiz.de/10011184371
This paper studies the impact of NAFTA on informality and real wages in Mexico. Using a dynamic industry model with firm heterogeneity, it is predicted that import tariff elimination could reduce the incidence of informality by making more profitable to some firms to enter the formal sector,...
Persistent link: https://www.econbiz.de/10005151025
Over the last two decades, earnings in the United States increased at the top and at the bottom of the wage distribution but not in the middle - the intensely debated middle class squeeze. At the same time there was a substantial decline of employment in middle-skill production and clerical...
Persistent link: https://www.econbiz.de/10010652266
In this paper we first analyze the determinants of training using data from the 2003 International Adult Literacy and Skills Survey (IALSS). We find that education plays a key role in the receipt of all forms of training except in the case of employer-sponsored training. We also find substantial...
Persistent link: https://www.econbiz.de/10004970951
A vast literature has examined the impact of family income on the health and development outcomes of children. One channel through which increased income may operate is an improvement in a family’s ability to provide food, shelter, clothing, books, and other expenditure-related inputs to...
Persistent link: https://www.econbiz.de/10004970954
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/10010593591
Do households react to changes in the distribution of income in their localities by changing their charitable giving? The theoretical prediction of the effects of income inequality on giving is unclear. We study how changes in income inequality measured at the neighbourhood and municipality...
Persistent link: https://www.econbiz.de/10011184440