National minimum wage and labour market outcomes of young workers

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Show simple item record Fidrmuc, Jan Tena Horrillo, Juan de Dios
dc.contributor.editor Universidad Carlos III de Madrid. Departamento de Estadística 2012-06-06T09:50:54Z 2012-06-06T09:50:54Z 2012-06
dc.description.abstract We analyze the impact of the national minimum wage (NMW) in the UK on the employment of young workers. We utilize the regression discontinuity approach to assess the impact of age-related increases in the NMW when workers turn 18 and 22. The previous literature has found little evidence of an adverse impact of the NMW on the UK labour market, both when considering the age-related increases or the regular annual increases that apply to all NMW rates. We fail to find any effect of turning 22 on employment. However, we find a significant and negative effect of male workers turning 21. We also find a negative effect for both genders upon turning 18. The age-related NMW rates may have an adverse effect on employment of young workers, with this effect possibly occurring already well in advance of reaching the threshold age.
dc.description.sponsorship This research was funded by a grant from the UK Low Pay Commission (LPC)
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries UC3M Working papers. Statistics and Econometrics
dc.relation.ispartofseries 12-09
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.subject.other Minimum wage
dc.subject.other Employment
dc.subject.other Unemployment
dc.subject.other Young workers
dc.title National minimum wage and labour market outcomes of young workers
dc.type workingPaper
dc.subject.eciencia Estadística
dc.rights.accessRights openAccess
dc.type.version submitedVersion
dc.identifier.uxxi DT/0000000966
dc.identifier.repec ws121209
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