Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/68516
Authors: 
Addison, John T.
Ozturk, Orgul Demet
Year of Publication: 
2011
Series/Report no.: 
Economics Series, Institute for Advanced Studies 278
Abstract: 
The authors investigate the employment consequences of minimum wage regulation in 16 OECD countries, 1970-2008. Their treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study. Apart from the longer time interval examined, a major departure is the authors' focus on prime-age females, a group often neglected in the minimum wage literature. Another is their deployment of time-varying policy and institutional regressors. The average effects they report are consistent with minimum wages causing material employment losses among the target group. Their secondary finding is that minimum wage increases are more associated with (reduced) participation rates than with elevated joblessness. Further, although the authors find common ground with Neumark and Wascher as regards the role of some individual labor market institutions and policies, they do not observe the same patterns in the institutional data. Specifically, prime-age females do not exhibit stronger employment losses in countries with the least regulated markets.
Subjects: 
minimum wages
minimum wage institutions
prime-age females
disemployment
participation
unemployment
employment protection
labor standards
labor market policies
unions
JEL: 
J20
J38
J48
J58
J88
Document Type: 
Working Paper

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