A persistence model of the national minimum wage
By: by Melanie K. Jones ... [et al.].
Contributors: Jones, Melanie K.
Series: Discussion paper -- no. 2595; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2595
Publisher: IZA
Published: 2007
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Minimum wage -- Great Britain.; Labor market -- Great Britain.
Description: "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"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 4/20/2007.

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