The Impact of the 1896 Factory and Shops Act on the Labor Market of Victoria, Australia
研究了澳大利亚首部最低工资法《维多利亚工厂与商店法》对劳动力市场的影响，发现最低工资虽具约束力，但对就业影响不大，可能因行业委员会由内部人士组成，能较好匹配劳动力市场。
This article examines the effects of the Victorian Factory and Shops Act, the first minimum wage law in Australia. The Act differed from modern minimum wage laws in that it established Special Boards, which set trade-specific minimum wage schedules. We use trade-level data on average wages and employment by gender and age to examine the effects of minimum wages. Although the minimum wages were binding, we find that the effects on employment were modest, at best. We speculate that this was because the Special Boards, which were comprised of industry insiders, closely matched the labor market for their trades.