Why has the British National Minimum Wage had Little or No Impact on Employment?
نویسندگان
چکیده
منابع مشابه
A Re - examination of the Impact of the UK National Minimum Wage on Employment Richard Dickens
A general consensus has emerged that while the UK National Minimum Wage (NMW) raised the pay of low wage workers it did little to harm their employment prospects. This is in contrast to the US and other countries where a debate over minimum wage effects still rages on. We re-examine the evidence on the introduction of the NMW and look at subsequent increases through the recession focusing on se...
متن کاملWhy Minimum Wage Hikes May Not Reduce Employment
may accept findings that minimum wage increases do not adversely affect employment, but economists question them. Critics have charged that the studies use poor data or incorrect methodologies. Some economists also argue that no convincing theoretical model predicts that minimum wage increases do not reduce employment. Many of these economists believe that low-wage labor markets are instead cha...
متن کاملHas EMU Had Any Impact on the Degree of Wage Restraint?
This working paper investigates the European Monetary Unification’s (EMU) effect on wage restraint—the degree to which wage increases do or do not exceed productivity growth. We find in cross-sectional investigations that wage restraint either is unchanged or has increased following EMU in the vast majority of countries. This finding contradicts the predictions of a widely cited family of model...
متن کاملEffects of the Minimum Wage on Employment Dynamics
The voluminous literature on minimum wages offers little consensus on the extent to which a wage floor impacts employment. We argue that the minimum wage will impact employment over time, through changes in growth rather than an immediate drop in relative employment levels. We show that commonly-used specifications in this literature, especially those that include state-specific time trends, wi...
متن کاملThe Empirics of the National Minimum Wage and Employment in the U.K
Hertfordshire Business School employs approximately 200 academic staff in a state-of-the-art environment located in Hatfield Business Park. It offers 17 undergraduate degree programmes and 21 postgraduate programmes; there are about 75 research students working at doctoral level. The University of Hertfordshire is the UK’s leading business-facing university and an exemplar in the sector. It is ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Industrial Relations
سال: 2008
ISSN: 0022-1856,1472-9296
DOI: 10.1177/0022185608090003