Minimum Wages in a Low‐Wage Labour Market: Care Homes in the UK
研究英国养老院行业最低工资对工资、就业和机构关闭的影响，发现工资效应显著，就业略有减少，但未发现对机构关闭的影响。
This paper studies the economic effects of minimum wages in a sector that is very vulnerable to minimum wage legislation, the UK care homes sector. We study the effects of the introduction of the National Minimum Wage (NMW) in April 1999 on wages and employment before and after minimum wage introduction and before and after the subsequent increase of the minimum wage in October 2001. We also study home closures between 1999 and 2001. The results show sizeable wage effects and some evidence of employment reductions but we are unable to detect any effect on home closure.