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Minimum wage policy is regarded as an essential policy tool for improving the welfare of low-paid workers, reducing working poverty and inequality within the labour market. The Government of India recently undertook reform in the country's wage policy and enacted the Code on Wages in August...
Persistent link: https://www.econbiz.de/10012824879
Using a search model, I derive formula that links the welfare gains from the minimum wage to its effect on low-skilled labor force participation and employment. This formula shows that the minimum wage is welfare improving if pushing the low-skilled labor market tightness downwards brings it...
Persistent link: https://www.econbiz.de/10012850203
We propose a simple, distribution-free method for pooling synthetic control case studies using the mean percentile rank. We also test for heterogeneous treatment effects using the distribution of estimated ranks, which has a known form. We propose a cross-validation based procedure for model...
Persistent link: https://www.econbiz.de/10013024914
Using a search model, I derive formula that links the welfare gains from the minimum wage to its effect on low-skilled labor force participation and employment. This formula shows that the minimum wage is welfare improving if pushing the low-skilled labor market tightness downwards brings it...
Persistent link: https://www.econbiz.de/10012929110
Using data from the China Household Income Project, this study analyzes the effects of minimum wage policy on wage distribution in urban China from 1993 to 2013. Several major conclusions emerge from this research. First, with respect to the effects of the minimum wage on wages for low-wage...
Persistent link: https://www.econbiz.de/10011876698
Despite some skepticism among experts about the effects of a minimum wage, there is remarkably widespread public support for such policies. Using representative survey data from 2015 and 2016, we investigate the subjective attitudes driving public support for Germany’s recent minimum wage...
Persistent link: https://www.econbiz.de/10011782026
We document firms' adjustment channels to minimum wage regulation, leveraging an unexpected Supreme Court ruling mandating the Swiss canton Neuchâtel to enforce a minimum hourly wage of around CHF20 (approx. USD 20) previously accepted via popular ballot. Given policy discontinuity at cantonal...
Persistent link: https://www.econbiz.de/10011994810
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
This paper examines the performance of minimum wage legislation in Kenya, both in terms of its coverage and enforcement as well as in terms of their implications for wages and employment. Our findings based on the 1998/99 labor force data - the last labor force survey available - indicate that...
Persistent link: https://www.econbiz.de/10013324839
We assess alternative research designs for minimum wage studies. States in the U.S. with larger minimum wage increases differ from others in business cycle severity, increased inequality and polarization, political economy, and regional distribution. The resulting time-varying heterogeneity...
Persistent link: https://www.econbiz.de/10010195464