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

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2021

Kód důvěrnosti údajů

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

Název periodika

European Journal of International Management

ISSN

1751-6757

e-ISSN

1751-6765

Svazek periodika

16

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

CH - Švýcarská konfederace

Počet stran výsledku

16

Strana od-do

631-646

Kód UT WoS článku

000713323500004

EID výsledku v databázi Scopus

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