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What happens when a previously uncovered labor market is regulated? We exploit the in- troduction of a minimum wage in South Africa and variation in the intensity of this law to identify increases in wages and formal contract coverage, and no signicant eects on employment on the intensive or...
Persistent link: https://www.econbiz.de/10011150186
We study the effects of the minimum wage in over employment and income by considering a monthly database that captures seven minimum wage changes registered between 2002 and 2011. We estimate that about 1 million workers have an income by main occupation in the neighbourhood of the minimum wage....
Persistent link: https://www.econbiz.de/10010819849
Until the early 90’s a strong consensus existed among economists that minimum wage has negative employment effects. However, in 1992, the studies by Card (1992a) and Katz and Krueger (1992), who found insignificant and slightly positive effects, respectively, came to create a schism. Since...
Persistent link: https://www.econbiz.de/10011122279
The impact of minimum wage on employment has been a field of conflicts among economists in labor economics. This divergence of views usually takes the form of conflicting empirical studies. However, in our research we managed to find only one study on the employment effect of minimum wages...
Persistent link: https://www.econbiz.de/10011122285
Persistent link: https://www.econbiz.de/10011695869
The UK national minimum wage (NMW) is age-specific with the most important threshold at the age of 22 (lowered to 21 from 2010 onwards) when workers become eligible for the adult rate. The authors estimate the impact of this threshold on employment by means of a regression discontinuity...
Persistent link: https://www.econbiz.de/10011725217
This paper investigates the effects of the introduction of a statutory minimum wage in Germany on the wages and employment of migrants. Migrants are an overrepresented group in the low-wage sector and can be expected to particularly benefit from a minimum wage. We combine a "differential trend...
Persistent link: https://www.econbiz.de/10013546660
Persistent link: https://www.econbiz.de/10005013140
Germany did not establish a statutory minimum wage until 2015. The new wage floor was set at an initial level of €8.50 per hour. When it was introduced, about 11 percent of German employees earned less than that amount. Based on descriptive figures, qualitative research and...
Persistent link: https://www.econbiz.de/10012208428
Se estudia los efectos de cambios en el salario mínimo utilizando una base de datos que registra 7 cambios consecutivos de este indicador (entre 2002 y 2011). Se estima que 1 millón de trabajadores tienen ingresos en la vecindad del salario mínimo. Los efectos sobre el empleo son decrecientes...
Persistent link: https://www.econbiz.de/10010990315