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Author : Stephen Machin,Alan Manning,Lupin Rahman
Publisher : Unknown
Page : 40 pages
File Size : 53,9 Mb
Release : 2002
Category : Minimum wage
ISBN : 075301565X
Author : Low Pay Commission
Publisher : The Stationery Office
Page : 252 pages
File Size : 43,5 Mb
Release : 2013-04-15
Category : Law
ISBN : 0101856520
In this report the Low Pay Commission has continued to take a cautious approach to the National Minimum Wage (NMW) during the economic downturn, so as avoid jeopardising the gains that the wage has brought to the lowest paid and because of the pressures on businesses, particularly small businesses. The recommendations, to take effect from 1 October 2013, include: that the adult rate of the National Minimum Wage be increased by 1.9 per cent or 12 pence to £6.31 an hour; the Youth Development Rate to increase by 1 per cent or 5 pence to £5.03 an hour; the 16-17 Year old rate to increase by 1 per cent or 4 pence to £3.72 an hour. The Apprentice rate is to remain unchanged at £2.65 an hour: given evidence that 30-40 per cent of 16-17 year old apprentices are paid below the recommended rate, the Commission sees no point in raising the legal floor if it is not observed. The Commission also recommends that the accommodation offset be increased by 9 pence to £4.91 a day. The report contains five chapters and six appendices. Chapters cover: the economic context to the October 2012 rates; the impact of the minimum wage; young people and apprentices; compliance and operation of the National Minimum Wage; the rates for 2013.
Author : David Neumark,William L. Wascher
Publisher : MIT Press
Page : 389 pages
File Size : 45,9 Mb
Release : 2008
Category : Income distribution
ISBN : 9780262141024
A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.
Author : Shi Li,Carl Lin
Publisher : Springer Nature
Page : 392 pages
File Size : 53,8 Mb
Release : 2020-05-25
Category : Business & Economics
ISBN : 9789811524219
This book considers the positive and negative impacts of the minimum wage policy in China. Since China enacted its first minimum wage law in 1994, the magnitude and frequency of changes in the minimum wage have been substantial, both over time and across jurisdictions. The results from China’s experience show that rapidly increasing minimum wages have helped increase average wages and reduce the gender wage gap, income inequality, and poverty. However, the fast-rising minimum wage has also resulted in the loss of employment for young adults, women, low-skilled workers, and migrant workers. Additionally, higher minimum wages have a negative impact on firm profitability and adverse effects on firm’s human capital investment. In summary, the Chinese minimum wage policy has shown both positive and negative impacts on the affected workers. Through unpacking these findings, the book highlights the importance of rigorous research to inform evidence-based policymaking and provides lessons for other transitional and developing economies.
Author : Christopher J. Flinn
Publisher : MIT Press
Page : 321 pages
File Size : 42,8 Mb
Release : 2011-02-04
Category : Business & Economics
ISBN : 9780262288767
The introduction of a search and bargaining model to assess the welfare effects of minimum wage changes and to determine an “optimal” minimum wage. In The Minimum Wage and Labor Market Outcomes, Christopher Flinn argues that in assessing the effects of the minimum wage (in the United States and elsewhere), a behavioral framework is invaluable for guiding empirical work and the interpretation of results. Flinn develops a job search and wage bargaining model that is capable of generating labor market outcomes consistent with observed wage and unemployment duration distributions, and also can account for observed changes in employment rates and wages after a minimum wage change. Flinn uses previous studies from the minimum wage literature to demonstrate how his model can be used to rationalize and synthesize the diverse results found in widely varying institutional contexts. He also shows how observed wage distributions from before and after a minimum wage change can be used to determine if the change was welfare-improving. More ambitiously, and perhaps controversially, Flinn proposes the construction and formal estimation of the model using commonly available data; model estimates then enable the researcher to determine directly the welfare effects of observed minimum wage changes. This model can be used to conduct counterfactual policy experiments—even to determine “optimal” minimum wages under a variety of welfare metrics. The development of the model and the econometric theory underlying its estimation are carefully presented so as to enable readers unfamiliar with the econometrics of point process models and dynamic optimization in continuous time to follow the arguments. Although most of the book focuses on the case where only the unemployed search for jobs in a homogeneous labor market environment, later chapters introduce on-the-job search into the model, and explore its implications for minimum wage policy. The book also contains a chapter describing how individual heterogeneity can be introduced into the search, matching, and bargaining framework.
Author : Dale Belman,Paul J. Wolfson
Publisher : W.E. Upjohn Institute
Page : 489 pages
File Size : 54,9 Mb
Release : 2014-07-07
Category : Political Science
ISBN : 9780880994569
Belman and Wolfson perform a meta-analysis on scores of published studies on the effects of the minimum wage to determine its impacts on employment, wages, poverty, and more.
Author : Chris Dillow
Publisher : Harriman House Limited
Page : 297 pages
File Size : 55,5 Mb
Release : 2007
Category : Comparative economics
ISBN : 9781905641178
New Labour's distinctive idea is that equality andefficiency are partners, not enemies. This, the bookargues, is an example of managerialist ideology - thebelief that trade-offs between conflicting values can bemanaged away by clever policies, that management canreplace politics. This is not true. The book is a plea toremove ......
Author : Stephen P. Jenkins,John Micklewright
Publisher : Oxford University Press on Demand
Page : 326 pages
File Size : 50,8 Mb
Release : 2007-09-20
Category : Business & Economics
ISBN : 0199218110
The issues surrounding poverty and inequality continue to be of central concern to academics, politicians and policymakers but the way in which we seek to analyse them continues to change. This volume provides a guide to some of the new approaches that have been developed, while also making a real contribution to the ongoing public debate.
Author : Wiemer Salverda,Brian Nolan,Timothy M. Smeeding
Publisher : Oxford University Press
Page : 759 pages
File Size : 47,5 Mb
Release : 2009-02-19
Category : Business & Economics
ISBN : 9780199231379
Comprehensive analysis of economic inequality in developed countries. The contributors give their view on the state-of-the-art scientific research in their fields and add their own visions of future research.
Author : J. R. Shackleton
Publisher : London Publishing Partnership
Page : 286 pages
File Size : 49,8 Mb
Release : 2017-05-19
Category : Business & Economics
ISBN : 9780255367448
Employment regulation has been growing rapidly. This has not exclusively, or even mainly, come from the European Union. Recent UK governments have added such significant new measures as the National Living Wage, workplace pensions and the Apprenticeship Levy. The costs of such regulation are frequently assumed – by both advocates and opponents – to fall on business profits. This isn’t so, except in the very short run. They are instead transferred in part to consumers, but mainly to employees themselves. Mandated benefits – longer holidays or extended maternity leave – mean reduced pay growth and fewer job opportunities. Anti-discrimination laws lead to fewer openings for disadvantaged groups, while employment protection legislation worsens job prospects for the young. Excessive regulation acts as a barrier to entry, shielding incumbents and deterring the foundation of new enterprises. Attempts to restrict new types of employment in the ‘gig’ economy are counterproductive, serving ‘insiders’ at the expense of ‘outsiders’. This book combines a history of employment laws with detailed analysis of the troublesome effects of various interventions. The author argues for a fundamental rethink. Some basic labour market regulation may still be necessary, but far less than we currently have.
Author : David Marsden
Publisher : Oxford University Press
Page : 274 pages
File Size : 53,7 Mb
Release : 2011-07-28
Category : Business & Economics
ISBN : 9780199605439
Chapters by leading experts on unemployment, immigration, pay, and trade unions discuss what can be learned from the past two decades, and what should be done now to tackle Britain's current labour market problems, arguing for a more targeted approach to tackle unemployment, exclusion, and inequality consistent with today's tight public budgets.
Author : Jerome Gautie,John Schmitt
Publisher : Russell Sage Foundation
Page : 506 pages
File Size : 40,9 Mb
Release : 2010-03-01
Category : Business & Economics
ISBN : 9781610446303
As global flows of goods, capital, information, and people accelerate competitive pressure on businesses throughout the industrialized world, firms have responded by reorganizing work in a variety of efforts to improve efficiency and cut costs. In the United States, where minimum wages are low, unions are weak, and immigrants are numerous, this has often lead to declining wages, increased job insecurity, and deteriorating working conditions for workers with little bargaining power in the lower tiers of the labor market. Low-Wage Work in the Wealthy World builds on an earlier Russell Sage Foundation study (Low-Wage America) to compare the plight of low-wage workers in the United States to five European countries—Denmark, France, Germany, the Netherlands, and the United Kingdom—where wage supports, worker protections, and social benefits have generally been stronger. By examining low-wage jobs in systematic case studies across five industries, this groundbreaking international study goes well beyond standard statistics to reveal national differences in the quality of low-wage work and the well being of low-wage workers. The United States has a high percentage of low-wage workers—nearly three times more than Denmark and twice more than France. Since the early 1990s, however, the United Kingdom, the Netherlands, and Germany have all seen substantial increases in low-wage jobs. While these jobs often entail much the same drudgery in Europe and the United States, quality of life for low-wage workers varies substantially across countries. The authors focus their analysis on the "inclusiveness" of each country's industrial relations system, including national collective bargaining agreements and minimum-wage laws, and the generosity of social benefits such as health insurance, pensions, family leave, and paid vacation time—which together sustain a significantly higher quality of life for low-wage workers in some countries. Investigating conditions in retail sales, hospitals, food processing, hotels, and call centers, the book's industry case studies shed new light on how national institutions influence the way employers organize work and shape the quality of low-wage jobs. A telling example: in the United States and several European nations, wages and working conditions of front-line workers in meat processing plants are deteriorating as large retailers put severe pressure on prices, and firms respond by employing low-wage immigrant labor. But in Denmark, where unions are strong, and, to a lesser extent, in France, where the statutory minimum wage is high, the low-wage path is blocked, and firms have opted instead to invest more heavily in automation to raise productivity, improve product quality, and sustain higher wages. However, as Low-Wage Work in the Wealthy World also shows, the European nations' higher level of inclusiveness is increasingly at risk. "Exit options," both formal and informal, have emerged to give employers ways around national wage supports and collectively bargained agreements. For some jobs, such as room cleaners in hotels, stronger labor relations systems in Europe have not had much impact on the quality of work. Low-Wage Work in the Wealthy World offers an analysis of low-wage work in Europe and the United States based on concrete, detailed, and systematic contrasts. Its revealing case studies not only provide a human context but also vividly remind us that the quality and incidence of low-wage work is more a matter of national choice than economic necessity and that government policies and business practices have inevitable consequences for the quality of workers' lives. A Volume in the Russell Sage Foundation Case Studies of Job Quality in Advanced Economies
Author : Baines, Donna,Cunningham, Ian
Publisher : Bristol University Press
Page : 364 pages
File Size : 41,5 Mb
Release : 2020-11-09
Category : Business & Economics
ISBN : 9781529208672
Austerity was presented as the antidote to sluggish economies, but it has had far-reaching effects on jobs and employment conditions. With an international team of editors and authors from Europe, North America and Australia, this illuminating collection goes beyond a sole focus on public sector work and uniquely covers the impact of austerity on work across the private, public and voluntary spheres. Drawing on a range of perspectives, the book engages with the major debates surrounding austerity and neoliberalism, providing grounded analysis of the everyday experience of work and employment.
Author : OECD
Publisher : OECD Publishing
Page : 158 pages
File Size : 42,8 Mb
Release : 2007-09-27
Category : Electronic
ISBN : 9789264037731
This 2007 edition of OECD's periodic economic survey of the British economy finds that the UK has embraced globalisation and has been rewarded with strong growth and performance, but that the near-term outlook is more uncertain, given recent ...
Author : Marek Korczynski,Randy Hodson,Paul K. Edwards
Publisher : OUP Oxford
Page : 518 pages
File Size : 50,9 Mb
Release : 2006-02-23
Category : Social Science
ISBN : 9780191558139
Work is fundamental to human society and modern organizations, and consequently has been central to the thinking of major social theorists and social science disciplines. This book offers a 'one-stop-shop' guide to classical and contemporary perspectvies of work written by leading international experts. Schools covered include: Weberian, Marxian, Durkheimian, feminist, neo-classical economics, institutional economics, ethics, Foucauldian, postmodernist, organizational sociology and economic sociology. Each chapter traces the origins of the theoretical school, reviews seminal contributions,and considers major criticisms of the approach. In addition, the book features a section on key aspects of work - professions, technology, identity and globalisation - to which these theories have been applied. The book makes a major contribution in a number of ways: · Provides systematic coverage of major social and economic theories and the way they aid our understanding of work; · Includes a section of chapters that consider, in an applied way, how social theories have helped the analysis of key substantive areas of work; · Includes contributions from leading academics from both Europe and the USA; · Each chapter can be read as free-standing summary of a particular school of theoretical approach; · In addition, the introductory and concluding chapters examine themes cross-cutting the other chapters in the book. It is an essential text for academics and advanced students concerned with the sociology of work, management, and organization studies.