Research Paper IZA Discussion Papers 2595
A persistence model of the National Minimum Wage
Authors
Publication date
01 Feb 2007
Abstract
This paper utilises the panel element of the BHPS (waves 9 to 14) to examine the dynamics of the National Minimum Wage (NMW) introduced to Britain in 1999. Specifically a persistence measure based on a random effects probit model for those affected by the NMW is constructed. The conditional probabilities imply some degree of state dependence, but there is also a considerable amount of turnover from one year to the next among those affected by the NMW.
Subjects
Wages And Earnings and Social Policy
Links
http://ideas.repec.org/p/iza/izadps/dp2595.html
Notes
discussion paper
#509147