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This paper estimates the employment effects of the introduction of the UK National Minimum Wage in April 1999 and subsequent upratings in 2000 and 2001. It uses a difference-in-differences estimator based on position in the wage distribution. For the upratings an adjusted estimator is also...
Persistent link: https://www.econbiz.de/10005072278
Joblessness leaves permanent scars on individuals. They not only lose income during periods of joblessness they are also further scarred by these experiences when they find employment. A spell of unemployment is found to carry a wage penalty of about 6% on re-entry in Britain, and after three...
Persistent link: https://www.econbiz.de/10005071770
This paper presents the results of an econometric analysis of the conditional probability of leaving unemployment for two male inflow cohorts entering unemployment at very different points in time: 1978 and 1987. The effect of income while unemployed is found to be much weaker for the 1987...
Persistent link: https://www.econbiz.de/10005072396
Using the British Household Panel Survey, we estimate the impact of the national minimum wage, introduced in April 1999, on the work-related training of low-wage workers. We use two 'treatment groups'- those workers who explicitly stated they were affected by the new minimum and those workers...
Persistent link: https://www.econbiz.de/10005393422