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Youth Minimum Wage Reform and the Labour Market
Hyslop, Dean; Stillman, Steven - 2021
This paper analyses the effects of a large reform in the minimum wages affecting youth workers in New Zealand since … 2001. Prior to this reform, a youth minimum wage, applying to 16-19 year-olds, was set at 60% of the adult minimum. The … reform had two components. First, it lowered the eligible age for the adult minimum wage from 20 to 18 years, and resulted in …
Persistent link: https://www.econbiz.de/10013319381
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Youth Minimum Wage Reform and the Labour Market in New Zealand
Stillman, Steven - 2010
This paper analyses the effects of a large reform in the minimum wages affecting youth workers in New Zealand since … 2001. Prior to this reform, a youth minimum wage, applying to 16-19 year-olds, was set at 60% of the adult minimum. The … reform had two components. First, it lowered the eligible age for the adult minimum wage from 20 to 18 years, and resulted in …
Persistent link: https://www.econbiz.de/10013149428
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Youth Minimum Wage Reform and the Labour Market
Hyslop, Dean; Stillman, Steven - 2004
This paper analyses the effects of a large reform in the minimum wages affecting youth workers in New Zealand since … 2001. Prior to this reform, a youth minimum wage, applying to 16-19 year-olds, was set at 60% of the adult minimum. The … reform had two components. First, it lowered the eligible age for the adult minimum wage from 20 to 18 years, and resulted in …
Persistent link: https://www.econbiz.de/10012115555
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Youth Minimum Wage Reform and the Labour Market
Hyslop, Dean; Stillman, Steven - Treasury, Government of New Zealand - 2004
This paper analyses the effects of a large reform in the minimum wages affecting youth workers in New Zealand since … 2001. Prior to this reform, a youth minimum wage, applying to 16-19 year-olds, was set at 60% of the adult minimum. The … reform had two components. First, it lowered the eligible age for the adult minimum wage from 20 to 18 years, and resulted in …
Persistent link: https://www.econbiz.de/10005607223
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Youth Minimum Wage Reform and the Labour Market
Hyslop, Dean; Stillman, Steven - Institute for the Study of Labor (IZA) - 2004
This paper analyses the effects of a large reform in the minimum wages affecting youth workers in New Zealand since … 2001. Prior to this reform, a youth minimum wage, applying to 16-19 year-olds, was set at 60% of the adult minimum. The … reform had two components. First, it lowered the eligible age for the adult minimum wage from 20 to 18 years, and resulted in …
Persistent link: https://www.econbiz.de/10005762316
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Minimum wages in New Zealand: policy and practice in the 21st century
Maré, David Christopher; Hyslop, Dean Robert - 2021
New Zealand has seen dramatic changes in minimum wage policies since 2000. The adult minimum wage has increased 75% in CPI-adjusted real terms. In addition, the youth minimum wage was abolished in two stages, resulting in a 125% increase in the real minimum wage for 16-19-year-old workers. We...
Persistent link: https://www.econbiz.de/10012517238
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Minimum Wages in New Zealand : Policy and practice in the 21st century
Maré, David C.; Hyslop, Dean - 2021
New Zealand has seen dramatic changes in minimum wage policies since 2000. The adult minimum wage has increased 75% in CPI-adjusted real terms. In addition, the youth minimum wage was abolished in two stages, resulting in a 125% increase in the real minimum wage for 16–19-year-old workers. We...
Persistent link: https://www.econbiz.de/10013314250
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Non-monotonic employment effects by market structure and minimum wage level
Devereux, Kevin; Studnicka, Zuzanna - 2024
Minimum wages decrease employment in competitive markets, but can increase it in monopsonistic markets so long as they do not exceed the marginal product of labour. We find evidence of non-monotonicity both by market structure and minimum wage level. Minimum wage hikes initially increase hours...
Persistent link: https://www.econbiz.de/10014507670
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Market Wages Below Productivity and the Employment Effects of Minimum Wages
Ayaita, Adam; Klesczewski, Diethelm - 2020
In contrast to common theoretical expectations, the negative employment effects of minimum wages have mostly been found to be small or insignificant by empirical studies. In order to explain these findings, we use a labor market model that is based on the insight that market wages may be...
Persistent link: https://www.econbiz.de/10014090954
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Minimum Wage Effects in the Longer Run
Neumark, David; Nizalova, Olena Y. - 2004
Exposure to minimum wages at young ages may lead to longer-run effects. Among the possible adverse longer-run effects are decreased labor market experience and accumulation of tenure, lower current labor supply because of lower wages, and diminished training and skill acquisition. Beneficial...
Persistent link: https://www.econbiz.de/10010276027