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
复制标题
最低工资和工资不平等:一些理论及其在英国的应用
DOI:
--
复制
发表时间:
2012
期刊:
影响因子:
--
通讯作者:
A. Manning
中科院分区:
文献类型:
--
作者:
T. Butcher;Richard R Dickens;A. Manning
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.