Behavioural aspects of the national minimum wage: Measuring and interpreting behaviour in the low-wage labour market
Preprint / Working Paper
Report for LPC on how low pay is measured in official data sources. Finds that (a) employers tend to 'round' hourly pay rates, suggesting scope for rent-sharing in these low-paying jobs, and/or high transactions costs associated with wage-setting; an... Read More about Behavioural aspects of the national minimum wage: Measuring and interpreting behaviour in the low-wage labour market.