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Is a higher minimum wage associated with a higher youth employment rate? A panel data analysis

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F21%3AA0000221" target="_blank" >RIV/47813059:19520/21:A0000221 - isvavai.cz</a>

  • Result on the web

    <a href="https://www.inderscienceonline.com/doi/abs/10.1504/EJIM.2021.118569" target="_blank" >https://www.inderscienceonline.com/doi/abs/10.1504/EJIM.2021.118569</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1504/EJIM.2021.118569" target="_blank" >10.1504/EJIM.2021.118569</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Is a higher minimum wage associated with a higher youth employment rate? A panel data analysis

  • Original language description

    The successful integration of young members of the workforce into the labour market has been a topic of great interest for European decision makers since the onset of the recent financial and economic crisis. Ten years after this challenging event the employment rate still remains at lower levels especially among young members of the workforce. Although in EU member states, particularly in Central and Eastern Europe, the statutory minimum wage has recently been increased, there are concerns among decision makers that this policy may have negative effects on employment. This paper examines the effect of the minimum wage on the regional youth employment rate, using a panel of 628 NUTS II regions from various European states, during 2008–2014. We began by using the methodology introduced by Neumark and Wascher, where labour market outcomes at regional levels are related to the relative minimum wage (Kaitz index). We have estimated a canonical equation based on the Stata version 13.0 software package. Our results indicate that increases in the minimum wage have a significant effect on employment.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50204 - Business and management

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2021

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    European Journal of International Management

  • ISSN

    1751-6757

  • e-ISSN

    1751-6765

  • Volume of the periodical

    16

  • Issue of the periodical within the volume

    4

  • Country of publishing house

    CH - SWITZERLAND

  • Number of pages

    16

  • Pages from-to

    631-646

  • UT code for WoS article

    000713323500004

  • EID of the result in the Scopus database