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A general consensus has emerged that while the UK National Minimum Wage (NMW) raised the pay of low wage workers it did little to harm their employment prospects. This is in contrast to the US and other countries where a debate over minimum wage effects still rages on. We re-examine the evidence...
Persistent link: https://www.econbiz.de/10010858706
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
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/10010593717
Persistent link: https://www.econbiz.de/10010767071
A regression discontinuity approach is used to analyse the effect of the legislated increase in the UK National Minimum Wage (NMW) that occurs at age 22 on various labour market outcomes. Using data from the Labour Force Survey we find a 2-4% point increase in the employment rate of low skilled...
Persistent link: https://www.econbiz.de/10010767425
A general consensus has emerged that while the UK National Minimum Wage (NMW) raised the pay of low wage workers it did little to harm their employment prospects. This is in contrast to the US and other countries where a debate over minimum wage effects still rages on. We re-examine the evidence...
Persistent link: https://www.econbiz.de/10010767649
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 of 3–4 percentage points in the rate of...
Persistent link: https://www.econbiz.de/10010767919
A regression discontinuity approach is used to analyse the effect of the legislated increase in the UK National Minimum Wage (NMW) that occurs at age 22 on various labour market outcomes. Using data from the Labour Force Survey we find a 2-4% point increase in the employment rate of low skilled...
Persistent link: https://www.econbiz.de/10010768152
Research to date suggests that the UK National Minimum Wage (NMW) has raised the earnings of low paid workers, without significantly affecting their employment opportunities. We re-examine existing evidence and suggest the picture is less clear cut. We explore whether the impacts of the NMW...
Persistent link: https://www.econbiz.de/10010768342
This report is about the employment impacts of National Minimum Wage (NMW) rises in the period 2001-2006. This was a period where the NMW rose substantially in excess of average earnings. The report presents results based on analysis of individual Labour Force Survey (LFS) data and Annual Survey...
Persistent link: https://www.econbiz.de/10010768781