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Using 18 waves of the British Household Panel Study, this paper examines state dependence and stepping stone effects of low pay. A distinguishing feature is that five types of transition- not in the labour force (NILF), unemployment, self-employment, low pay and higher pay are modelled...
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Using 18 waves of the British Household Panel Study, this paper examines state dependence and stepping stone effects of low pay. A distinguishing feature is that five types of transition- not in the labour force (NILF), unemployment, self-employment, low pay and higher pay are modelled...
Persistent link: https://www.econbiz.de/10011449757
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The attainment of ‘fairness' is widely regarded as a worthy goal of setting minimum wages, but opinions differ sharply over how to achieve it. This paper examines how interpretations of fairness shaped the minimum wage decisions of the Australian Industrial Relations Commission between 1997...
Persistent link: https://www.econbiz.de/10013118749
On 3 June 2010, the Minimum Wage Panel of Fair Work Australia concluded its Annual Wage Review for 2009-10. Having considered the evidence from written submissions, public consultations and a range of internal and external research, the Panel decided to increase minimum wage rates in modern...
Persistent link: https://www.econbiz.de/10014176467
Firms select not only how many, but also which workers to hire. Yet, in standard searchmodels of the labor market, all workers have the same probability of being hired. We arguethat selective hiring crucially affects welfare analysis. Our model is isomorphic to a searchmodel under random hiring...
Persistent link: https://www.econbiz.de/10009486873