Where the Minimum Wage Bites Hard: Introduction of Minimum Wages to a Low Wage Sector
研究1999年英国引入全国最低工资对养老院行业的影响,发现最低工资大幅提高了低端工资、压缩了工资分布、减少了工资不平等,但就业和工时减少效应不大。
Between 1993 and April 1999 there was no minimum wage in the United Kingdom (except in agriculture). In this paper we study the effects of the introduction of a National Minimum Wage (NMW) in April 1999 on one heavily affected sector, the residential care homes industry. This sector contains a large number of low paid workers and as such can be viewed as being very vulnerable to minimum wage legislation. We look at the impact on both wages and employment. Our results suggest that the minimum wage raised the wages of a large number of care home workers, causing a very big wage compression of the lower end of the wage distribution, thereby strongly reducing wage inequality. There is some evidence of employment and hours reductions after the minimum wage introduction, though the estimated effects are not that sizable given how heavily the wage structure was affected.