scholarly journals Long-Term Responses to Large Minimum Wage Shocks: Sub-Minimum and Super-Minimum Workers in Slovenia

2019 ◽  
Author(s):  
Suzana Laporsek ◽  
Peter Francis Orazem ◽  
Matija Vodopivec ◽  
Milan Vodopivec
Keyword(s):  
Minimum Wage ◽  
Wage Shocks

scholarly journals Analisis Peningkatan Upah Minimum Terhadap Penyerapan Tenaga Kerja di Provinsi Jawa Tengah

2021 ◽  
Vol 10 (3) ◽  
pp. 134-143
Author(s):  
Annisa Yulianti ◽  
Hadi Sasana
Keyword(s):  
Economic Growth ◽  
Minimum Wage ◽  
Time Series Data ◽  
Series Data ◽  
Short Term ◽  
Central Java ◽  
Meaningful Relationship ◽  
Short Time ◽  
Relationship Of

 This study aims to analyze the short-term and long-term relationship of increasing the minimum wage in Central Java on employment. The research method used is ECM. The variables of this study include labor, minimum wages, PMDN, and economic growth. The data used are time-series data from 1990-2020. The results show that the minimum wage has a positive and significant relationship to the employment in the long term but not significantly in the short time. PMDN has a negative but significant correlation in the short and long term. At the same time, the variable economic growth has a positive but not meaningful relationship to employment absorption in the long and short term.

scholarly journals A Fuzzy Sets Model for Companies Behaviour of Absorption Minimum Wage Shocks: An Analysis of Inflationary Risks

2011 ◽  
pp. 1-11
Author(s):  
Dorel Ailenei ◽  
Coralia Angelescu ◽  
Amalia Cristescu ◽  
Mihaela Hrisanta
Keyword(s):  
Fuzzy Sets ◽  
Minimum Wage ◽  
Wage Shocks

scholarly journals Evaluating the Minimum-Wage Exemption of the Long-Term Unemployed in Germany

ILR Review ◽  
2020 ◽  
Vol 73 (5) ◽  
pp. 1095-1118
Author(s):  
Matthias Umkehrer ◽  
Philipp vom Berge
Keyword(s):  
Minimum Wage ◽  
Regression Discontinuity ◽  
Unemployment Duration ◽  
Regression Discontinuity Design ◽  
Micro Data ◽  
Job Seekers ◽  
Short Term ◽  
Employment Stability

The authors evaluate the exemption of long-term unemployed job seekers from Germany’s national minimum wage. Using linked survey and administrative micro data, they rely on a regression discontinuity design to identify the effects of the policy by comparing hiring rates, employment stability, and entry wages around the administrative threshold between short-term and long-term unemployment. They find that the exemption is very rarely used and that the minimum wage binds irrespective of past unemployment duration. While the minimum wage led to a relative rise in entry wages for the long-term unemployed compared to the short-term unemployed, the authors do not detect a relative deterioration in their employment prospects.

scholarly journals The impact of minimum wages for domestic workers in Bloemfontein, South Africa

2010 ◽  
Vol 8 (1) ◽  
Author(s):  
Phillip F. Blaauw ◽  
Louis J. Bothma
Keyword(s):  
South Africa ◽  
Minimum Wage ◽  
Structural Changes ◽  
Domestic Workers ◽  
Real Wages ◽  
Employment Effects ◽  
Course Of Action ◽  
Minimum Wage Legislation ◽  
The Impact

Orientation: The number of domestic workers in South Africa has decreased in the last decade, seemingly corresponding with efforts by government to increase regulation.Research purpose: The purpose of this study was to investigate possible structural changes in this labour market over the last decade, as well as the possible employment effects of the latest minimum wage provisions.Motivation for the study: Previous studies on the topic were carried out either prior to, or just after, the implementation of the minimum wage legislation for domestic workers. Now, five years after implementation, the conclusions and predictions of these studies need to be evaluated.Research design, approach and method: The study utilised a repeat survey in the suburb of Langenhoven Park in Bloemfontein, where two previous microstudies had been conducted. Structural interviews were conducted with a sample of 132 respondents and the data analysed.Main findings: There are now fewer domestic workers working for more employers, than there were ten years ago. In contrast to predictions from the literature, these changes mostly occurred before the implementation of the legislation. Real wages and legislative compliance improved for those who remained employed.Practical implications: The task of balancing the improvement of the lives of domestic workers and the possible adverse consequences of the legislation, in the form of job losses, remains as daunting as it was ten years ago.Contribution: Literature predicts changes in the market for domestic workers to be long term. This study shows that most changes took place before the implementation of the legislation as employers decided on their course of action.

scholarly journals Ambiguous effects of minimum wage tool of labour markets regulation – key study of V4 countries

2021 ◽  
Vol 10 (2) ◽  
pp. 58-85
Author(s):  
Emilie Jasova ◽  
Emilie Jasova
Keyword(s):  
Labour Market ◽  
Minimum Wage ◽  
Economic Regulation ◽  
Negative Effects ◽  
Wage Change ◽  
The Czech Republic ◽  
Positive Effects ◽  
Low Sensitivity ◽  
Oecd Data

In this paper we analyze the effect of minimum wage change on selected labour market indicators such as duration of employment, hours worked, unemployment by education or profession or long-term unemployment. Our research is based on Eurostat and OECD data for V4 countries. The hypothesis discussed is whether the effect of minimum wage increase is positive or negative and we discuss the issue of economic regulation more generally. The output values of the regressions coefficients of all the V4 countries showed that the effects are more positive than negative. Mapping the overall intensity of effects of the minimum wage on selected indicator of the labour market in the Czech Republic and Hungary indicated a low sensitivity. The effects were very weak in Slovakia and Poland. The results of the analysis complied with the results of the domestic and international research in 13 cases and the results were different in 6 cases. Slightly more often they confirmed more positive effects of the minimum wage on selected indicators of the labour market than negative effects.

scholarly journals Long-Term Capital Goods Importation and Minimum Wage Relationship in Turkey: Bounds Testing Approach

2015 ◽  
Vol 10 (1) ◽  
pp. 122-129 ◽  
Author(s):  
Serkan Tastan ◽  
Halil Ozekicioglu
Keyword(s):  
Error Correction ◽  
Minimum Wage ◽  
Correction Term ◽  
Bounds Testing ◽  
Short Term ◽  
Capital Goods ◽  
Error Correction Mechanism ◽  
Bounds Testing Approach ◽  
Testing Approach

Abstract In order to examine the long-term relationship between capital goods importation and minimum wage, autoregressive distributed lag (ARDL) bounds testing approach to the cointegration is used in the study. According to bounds test results, a cointegration relation exists between the capital goods importation and the minimum wage. Therefore an ARDL(4,0) model is estimated in order to determine the long and short term relations between variables. According to the empirical analysis, there is a positive and significant relationship between the capital goods importation and the minimum wage in Turkey in the long term. A 1% increase in the minimum wage leads to a 0.8% increase in the capital goods importation in the long term. The result is similar for short term coefficients. The relationship observed in the long term is preserved in short term, though in a lower level. In terms of error correction model, it can be concluded that error correction mechanism works as the error correction term is negative and significant. Short term deviations might be resolved with the error correction mechanism in the long term. Accordingly, approximately 75% of any deviation from equilibrium which might arise in the previous six month period will be resolved in the current six month period. This means that returning to long term equilibrium progresses rapidly.

scholarly journals The Minimum Wage Campaign in Brazil and the Fight against Inequality

2015 ◽  
Vol 6 (3) ◽  
Author(s):  
Frederico Luiz Barbosa De Melo
Keyword(s):  
Social Security ◽  
Minimum Wage ◽  
Wage Distribution ◽  
Purchasing Power ◽  
Full Time ◽  
High Concentration ◽  
Effective Role ◽  
The Law ◽  
The Government

<p>This article summarises the Brazilian experience on the minimum wage campaign and the results and challenges brought by the increase in real value of the minimum wage. In 2005 and 2006, the minimum wage in Brazil underwent significant increases, and in 2006 an agreement about a long-term process to elevate its purchasing power was established between the government and the labour union centrals; in 2011 the agreement became law, defining the per cent of adjustment and real increase until 1 January 2015, and this year the law will have to be reviewed. In the last decade, Brazilian income inequality diminished, and the gains of the minimum wage seem to have an effective role in this process. After describing briefly the trajectory and legislation of the minimum wage in Brazil, the article shows how many individuals receive the equivalent of one minimum wage, either in the labour market or as a social security benefit. Some data about the wage distribution and inequality are also presented and discussed. The process of increase of the purchasing power of the minimum wage is now at risk insofar as the economy slows down since, according to the law, its gain is determined by GDP growth. Other difficulties are set by the impacts of the increase of the minimum wage over social security expenditures. The high concentration of salaries between 1 and 1.5 minimum wage and the current value of 43.4% to the proportion between the minimum wage and the median wage of full-time workers signals a stronger resistance against the long-term improvement of the minimum wage in Brazil.</p>

scholarly journals Comparative politics and causal evaluation of structural reforms: the case of the UK national minimum wage introduction

2019 ◽  
Vol 8 (2) ◽  
pp. 301-314
Author(s):  
Thomas König ◽  
Guido Ropers ◽  
Anika Buchmann
Keyword(s):  
Minimum Wage ◽  
Comparative Politics ◽  
Control Method ◽  
Post Treatment ◽  
Structural Reforms ◽  
Synthetic Control ◽  
Long Term Effects ◽  
Short Term ◽  
Similar Treatment

AbstractIn comparative studies, causal evaluations attempt to improve our understanding of the effectiveness of structural reforms by counterfactually inspecting post-treatment effects. Yet, even if comparative scholars find similar treatment and comparison units, the interpretation of the post-treatment trajectory is difficult as short-term estimates can be subject to strategic timing of reform implementation, while long-term effects are likely affected by further interventions. To illustrate these difficulties we apply the generalized synthetic control method to evaluate the introduction of a British national minimum wage. We find a short-term decreasing effect on youth unemployment that turns into an increasing effect over time. This suggests the presence of an upward biased selection effect from strategic timing. We also inspect two post-treatment interventions and find that they differ in their general and country-specific implications for the long-term trajectory.

Do Minimum Wage Hikes Raise US Long Term Unemployment? Evidence Using State Minimum Wage Rates

1999 ◽  
Vol 33 (8) ◽  
pp. 713-726 ◽  
Author(s):  
Mark D. Partridge ◽  
Jamie S. Partridge
Keyword(s):  
Minimum Wage ◽  
Wage Rates

scholarly journals Minimum Wage Shocks, Employment Flows, and Labor Market Frictions

2016 ◽  
Vol 34 (3) ◽  
pp. 663-704 ◽  
Author(s):  
Arindrajit Dube ◽  
T. William Lester ◽  
Michael Reich
Keyword(s):  
Labor Market ◽  
Minimum Wage ◽  
Market Frictions ◽  
Labor Market Frictions ◽  
Wage Shocks
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