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The minimum wage has become an accepted way to tackle the extremes of low pay in many countries, but there is considerable variability in the way minimum wages are set around the world. Methods include formulas, government rate setting, union bargained rates, and rates recommended by an expert...
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This paper examines changes in earnings inequality and mobility between 1978/9 and 2005/6 using a unique dataset that includes both those with secure patterns of employment and a wider group who experience periods without earnings. It finds significant increases in annual earnings inequality for...
Persistent link: https://www.econbiz.de/10013159980
I study the dynamic structure of male wages in Great Britain using the New Earnings Survey Panel from 1975-95. Computing auto-covariances of individual wages by cohort I find evidence of a permanent component of earnings that increases over the life cycle and a highly persistent, serially...
Persistent link: https://www.econbiz.de/10014153161
After shrinking dramatically during World War Two the gender wage gap (GWG) narrowed again in the early 1970s due to the Equal Pay Act. The GWG has closed across birth cohorts at all points in the adult life-cycle but remains. Within birth cohort it rises to middle age before falling again....
Persistent link: https://www.econbiz.de/10012833228
Using data tracking all those born in a single week in Great Britain in 1958 through to their mid-50s we observe an inverse U-shaped gender wage gap (GWG) over their life-course: an initial gap in early adulthood widened substantially during childrearing years, affecting earnings in full-time...
Persistent link: https://www.econbiz.de/10012859753
After shrinking dramatically during World War Two the gender wage gap (GWG) narrowed again in the early 1970s due to the Equal Pay Act. The GWG has closed across birth cohorts at all points in the adult life-cycle but remains. Within birth cohort it rises to middle age before falling again....
Persistent link: https://www.econbiz.de/10012227823