Arbeitspapier

A persistence model of the national minimum wage

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

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 2595

Classification
Wirtschaft
Subject
Mindestlohn
Lohnrigidität
Soziale Mobilität
Schätzung
Großbritannien

Event
Geistige Schöpfung
(who)
Jones, Melanie K.
Jones, Richard J.
Murphy, Philip D.
Sloane, Peter J.
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2007

Handle
URN
urn:nbn:de:101:1-20080422258
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Jones, Melanie K.
  • Jones, Richard J.
  • Murphy, Philip D.
  • Sloane, Peter J.
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2007

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