The impact of minimum wages on labour market transitions
Authors: Pierre Brochu and David A. Green
Overview
Abstract (English)
We investigate differences in labour market transition rates between high and low minimum wage regimes using Canadian data spanning 1979-2008. We find that higher minimum wages result in lower hiring rates but also lower job separation rates. Importantly, the reduced separation rates are due mainly to reductions in layoffs, occur in the first six months of a job and are present for unskilled workers of all ages. Thus, jobs in higher minimum wage regimes are more stable but harder to get. For older workers, these effects are almost exactly offsetting, resulting in little impact on the employment rate.
Abstract (French)
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Details
Type | Journal article |
---|---|
Author | Pierre Brochu and David A. Green |
Publication Year | 2013 |
Title | The impact of minimum wages on labour market transitions |
Journal Name | Economic Journal |
Publication Language | English |
- Pierre Brochu
- Pierre Brochu and David A. Green
- The impact of minimum wages on labour market transitions
- Economic Journal
- 2013