منابع مشابه
The Impact of Minimum Wage Legislation in Developing Countries
This paper examines the impact of minimum wage legislation in developing countries where coverage is incomplete. Using a rich data set from Ghana, it estimates the extent to which a binding minimum wage alters employment in both the formal and informal sectors of the labor market. The data reveal that Ghana’s minimum wage policies during the 1970s and 1980s led to a reduction of formal sector j...
متن کاملHousehold Labor Supply, Unemployment and Minimum Wage Legislation
The supply behavior of labor frequently depends on the demand conditions that prevail on the labor market. If demand is inadequate, households may send additional household members, who otherwise would not have worked, to look for work, for fear that the main income earner may lose his job. This paper is a study of the theoretical consequences of this ’’added worker’’ affect. It is shown that t...
متن کاملStagnation and minimum wage: Optimal minimum wage policy in macroeconomics
This paper argues how an increase in minimum wage affects employment, consumption, and social welfare with dynamic general equilibrium model without market frictions. The study demonstrates that a minimum wage hike reduces an actual unemployment rate and has positive effects on an employment rate under the demand-shortage economy whereas they do not under a non-demand shortage economy. The stud...
متن کاملLegislation and anticipation: Consequences for the measurement of the minimum wage employment effect
When Congress or a state legislature passes a minimum wage increase, there is often a period of several months between the passage of the increase and its implementation. During this period, employers know the level of the current binding minimum wage, but they also know the level of the minimum wage at a defined future date. Although this “future wage,” as I call it, is not yet binding, employ...
متن کاملWage Inequality, Minimum Wage Effects and Spillovers
This paper investigates possible spillover effects of the UK minimum wage. The halt in the growth in inequality in the lower half of the wage distribution (as measured by the 50:10 percentile ratio) since the mid 1990s, in contrast to the continued inequality growth in the upper half of the distribution, suggests the possibility of a minimum wage effect and spillover effects on wages above the ...
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ژورنال
عنوان ژورنال: Psychiatric Bulletin
سال: 1999
ISSN: 0955-6036,1472-1473
DOI: 10.1192/pb.23.11.694