Minimum Wages and Wage Inequality: Some Theory and an Application to the UK

Minimum Wages and Wage Inequality: Some Theory and an Application to the UK
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最低工资和工资不平等:一些理论及其在英国的应用

DOI:
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发表时间:
2012
期刊:
影响因子:
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通讯作者:
A. Manning
A. Manning
中科院分区:
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文献类型:
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作者:
T. Butcher;Richard R Dickens;A. Manning

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研究表明,按照美国和英国等国设定的水平,最低工资对就业几乎没有影响,但确实会对工资不平等产生影响。然而,我们缺乏能够解释这些事实的模型——本文提出了一个基于不完善劳动力市场的模型。本文还调查了英国全国最低工资对工资不平等的影响,发现它可以解释1998-2010年期间收入分配的下半部分工资不平等演变的很大一部分。我们还提供证据表明,2010年NMW的影响比NMW高出40%,相当于第25个百分位数。这些溢出效应在低工资领域更大。
Research suggests that, at the levels set in countries like the US and the UK, minimum wages have little effect on employment but do have impacts on wage inequality. However we lack models that can explain these facts – this paper presents one based on imperfect labour markets. The paper also investigates the impact of the UK’s National Minimum Wage on wage inequality finding it can explain a sizeable part of the evolution of wage inequality in the bottom half of the distribution in the period 1998-2010. We also present evidence that the impact of the NMW reaches up to 40% above the NMW in 2010 which corresponds to the 25th percentile. These spillovers are larger in low-wage segments.