EconPapers    
Economics at your fingertips  
 

On the substitution effect of the minimum wage increase: new evidence

Yu Hsing

Applied Economics Letters, 2000, vol. 7, issue 4, 225-228

Abstract: The impact of the minimum wage increase on the part-time/full-time employment ratio (PTFT) is re-examined. Contrary to some previous findings, strong evidence is found of the substitution effect that if the relative wage (the ratio of the minimum wage to the average hourly earning in the private sector) rises, PTFT decreases. The linear and logarithmic forms can be rejected. The partial adjustment process describes the lag response better. Real GDP growth is found to be insignificant and may be proxied by the unemployment rate for experienced workers.

Date: 2000
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:7:y:2000:i:4:p:225-228

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Series data maintained by Michael McNulty ().

 
Page updated 2017-09-29
Handle: RePEc:taf:apeclt:v:7:y:2000:i:4:p:225-228