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We examine and compare the relationship between minimum wage increases and youth homicide rates in three groups: all youth, White youth only, and Black youth only. Using 2001-2019 mortality data from the National Vital Statistics System (NVSS) for all 50 states and Washington DC, we apply a difference in differences (DD) design to compare the change in youth homicides across states with varying changes in the state-specific minimum wage. With the inclusion of state-specific linear time trends, we find that a $1 increase in minimum wage leads to a significant 4% reduction (RR = 0.96, 95%CI [0.92, 0.99]) in homicides among White youth, but no significant reduction among Black youth (RR = 0.98, 95%CI [0.91, 1.04]). Findings are consistent with research on marginalization-related diminished returns for Black youth. While minimum wage increases are a promising step to reduce youth homicides overall, reducing homicide disparities experienced by Black youth requires additional components. Future research should examine policies with the specific intention to dismantle structural racism.

This study investigates the relationship between minimum wage policies and educational choices, specifically the decision between vocational and general school enrollment. While higher minimum wages often attract students to vocational education as a faster route to employment, our analysis of Indonesia Family Life Survey data finds little evidence of increased enrollment in vocational education. This suggests that hikes in the minimum wage are unlikely to divert students away from general education. Our findings reveal notable heterogeneity, showing that an increase in the minimum wage is associated with a statistically significant reduction in the likelihood of men and individuals in rural areas to opt for vocational education. These findings underscore the critical need for Indonesia to revitalize its vocational education system, striking a balance between general and vocational pathways to equip its workforce with the skills required for a rapidly changing environment.

Most minimum wage studies are identified on small, plentiful, mostly expected wage changes, spread out over time. A recent set of changes have instead been large, rapid, and unexpected, following the "Fight for $15" movement. Alberta is the first North American province, state, or territory to have this $15 minimum wage, with an unexpectedly large increase (47%) occurring over a short time horizon (3 years). The employment effects of this policy are estimated using a synthetic control approach on Labour Force Survey data. Similar to the existing literature, workers moved up the wage distribution, increment by increment, but with a higher distributional reach. Employment losses occurred at similar elasticities, but with large level changes, mostly among younger workers. Newer to the literature, regional employment losses were found in four of the five non-urban economic regions, but not in Alberta's two main cities, showing the significance and nuance of regional heterogeneity. [ABSTRACT FROM AUTHOR]

Unemployment is a labor problem that has now reached a fairly concerning condition. The problem of employment is undeniably one of the main problems faced in development. Wages are also the main factor that influences labor absorption. An increase in wage levels will increase the company's production costs which will ultimately lead to an increase in prices. The objectives of this study are: (1) To analyze the effect of private investment on labor absorption in North Maluku Province; (2) To analyze the effect of the provincial minimum wage (UMP) on labor absorption in North Maluku Province; (3) To analyze the effect of private investment on the open unemployment rate in North Maluku Province; (4) To analyze the effect of the Provincial Minimum Wage on the open unemployment rate in North Maluku Province; and (5) To analyze the effect of labor absorption on reducing the open unemployment rate in North Maluku Province. The analysis model used in this study is path analysis. The results of the study indicate that the provincial minimum wage (UMP) partially has a significant effect on labor absorption and the open unemployment rate in North Maluku Province. Meanwhile, private investment has an effect on employment opportunities but cannot reduce the unemployment rate. Then, opportunity has a significant influence and is negatively correlated with the open unemployment rate in North Maluku Province. [ABSTRACT FROM AUTHOR]

This study conducts a systemic comparison of minimum wage decision-making in Korea and Taiwan. It demonstrates that Korea's big-business-dominated economy builds confrontational labour–business relations to be exploited by political parties, resulting in partisan decisions on the minimum wage, to a greater extent than Taiwan's more mixed economy. A large social divide based on the economic structure translates into a substantial partisan difference in minimum wage policies, when endorsed by the unique features of the minimum wage issue and carried out through the agents of the tripartite commission. As seen from the outcomes, a marked difference exists between Korea and Taiwan: Korea shows a dramatic fluctuation in annual minimum-wage increases, whereas Taiwan's increases remain stable across different governments. Korean governments actively respond to their core constituencies, whether labour or business, while Taiwan governments seek to strike a balance. [ABSTRACT FROM AUTHOR]

This study aims to examine the effect of City Minimum Wage (UMK) and population on rural and urban land and building tax (PBB-P2) revenue in Mataram City during 2013 – 2022. The population in this study were all urban villages in Mataram City. The sampling technique in this study is census sampling, where all populations are sampled so that the sample used is 50 urban villages in Mataram City. The data used in this study are secondary data, with data collection techniques using documentation techniques. The analysis techniques used in this research are descriptive statistics, classical assumption tests, multiple linear regression tests, and hypothesis testing. The statistical test results show that the significance value is 0.000 < 0.05 and has a calculated T value of 4.425 > 2.012, it can be concluded that the City Minimum Wage variable has a positive and significant effect on PBB-P2 revenue. Meanwhile, the total population variable has a significance value of 0.645 > 0.05 and has a calculated T value of 0.461 < 2.012, it can be concluded that the Total Population variable has no significant effect on PBB-P2 revenue. The value of R = 0.426 indicates a strong relationship between the MSE and population variables and the PBB-P2 revenue variable. The value of R Square = 0.181 indicates that the variables of MSE and population can explain the PBB-P2 revenue variable by 18%, while the remaining 82% is explained by other factors.

In this scientific endeavour, the minimum wage is discussed, including its effects and implications on the labour market. The minimum wage has been a concern not only for researchers but also for policy makers in government institutions. The minimum wage is also a concern of the European Union, which opts for adequate minimum wages at Member State level that cover the needs of the employee and reduce the poverty level of the employee. The minimum wage also has implications for employment levels, as higher national or sectoral minimum wages make jobs more attractive and lead to sustainable employment. In order to analyse the minimum wage at national level and by field of activity in the Republic of Moldova, data provided by the National Bureau of Statistics were used. The results of the investigations showed clear discrepancies between the minimum wage and the average gross monthly wage in several fields of activity. In many areas of activity, the share of employees whose average gross monthly wage is close to the minimum wage exceeds 30%, and in some fields of the economy - even 50%, which increases the vulnerability of these employees.

The authors estimate the effects of an increase in the youth minimum wage in the Netherlands on low-paid workers' employment and earnings, using a difference-in-differences approach with detailed administrative data. Findings show that the increase does not have a negative effect on the number of jobs or hours worked, hence raising overall earnings for affected workers. Further, the minimum wage increase has substantial spillover effects, accounting for close to 70% of the average wage increase experienced by workers. While employment grows in fixed-term and temporary help agency contracts, the authors do not find evidence of declines in employment in other types of work arrangements, nor of labor-labor substitution. Labor market outcomes evolve most favorably for full-time incumbent workers who are not enrolled in education and are thus less likely to be transient occupants of minimum wage jobs. [ABSTRACT FROM AUTHOR]

The Adequate Minimum Wage Directive has proven to be one of the most contentious pieces of EU labour legislation, with a variety of opinion on what impact the Directive may have, its significance, and its implications for labour relations regulation across the EU. This contribution focuses on the implications of the Directive for collective bargaining coverage in the EU, and takes a broadly optimistic view of what the impact of the Directive might be by using the example of Ireland as a case study. Ireland is one of the countries with a relatively low collective bargaining coverage rate, where measures will be required to promote collective bargaining. However, more broadly, the Irish journey in recent years seems to mirror that of the EU Institutions. From an emphasis on austerity measures and pressures to de-regulate following the financial crisis, allied with judicial decision-making which seemed to favour economic rights over social rights, to a “paradigm shift” of a (re)emphasis on social Europe, and on collective rights. The paper looks at the impact the Directive (pre-transposition) has already had in terms of social dialogue and collective bargaining, before turning to consider some of the transposition challenges. In the concluding section, the paper reflects on some lessons that might be of wider application across the Member States.

The authors of this article make a case for using Fink's (2013) taxonomy of significant learning in the economics classroom to improve standard-based economics education and to continue transforming the discipline to reduce social inequality along multiple dimensions, including gender, race, and class. Fink's framework is defined by student engagement with six distinct kinds of learning. Changes in student attitudes, changes in what students know about themselves and others, and learning how to learn in different settings are learning outcomes that are incorporated explicitly alongside acquiring new discipline-specific knowledge and skills. The authors apply Fink's taxonomy to a module on the minimum wage for principles of economics. They discuss potential activities and reflect on the benefits and challenges associated with using Fink's taxonomy.

This paper aims to verify the relationship between minimum wage growth and the financial indicators of automotive companies. As a hi-tech sector, the automotive industry is usually not expected to be affected by minimum wage policies. The introduction of the minimum wage in Germany and the dynamic development of the minimum wage in Eastern European countries make it possible to assess this relationship. German, Czech, Polish, and Slovak automotive company data was obtained from the Orbis database. Panel regression models were applied to test for dependencies. The paper detects the association between the growth of the minimum wage and the increase in personnel cost, which is next to the associations with several financial indicators at the company level. The identified impact is specific to small and medium-sized companies.

Have frequently adjusted minimum wages slowed the widening of income inequality in China? To answer this question, this study examines the impact of minimum wages on income inequality among the migrant population using data from the China Migrants Dynamics Survey (CMDS) for 2011–2018 and data on city-level minimum wages over the same period. The research findings indicate that the minimum wage significantly reduces income inequality within China’s migrant population. Importantly, the conclusion remains robust after employing rigorous analytical methods, such as instrumental variable analysis, replacement of the explained variable, and provincial-level data regression analysis. Moreover, the mechanism analysis reveals that the minimum wage contributes to reducing income inequality within the migrant population by raising the income of low-income groups without causing unemployment. The extent of this impact is closely related to the implementation of regional minimum wage policies. Additionally, the heterogeneity results show that minimum wage has a more pronounced effect on reducing income inequality among formally employed individuals and those working in the state-owned sector than in the informal employment and non-state-owned sectors. Overall, these findings provide valuable insights for policymakers to further optimize the minimum wage system in China to promote common prosperity. [ABSTRACT FROM AUTHOR]

The long process of global economic development, focused exclusively on profit maximization and cost diminuation, has serious consequences on the natural, social and even spiritual environment. Environmental issues, global climate change, and social and gender inequality are just a few of the systemic crises and challenges that countries, corporations, and individuals have faced in the late 20th and early 21st centuries. This conflict led to a reassessment of the global vision and a recognition of the importance of sustainable development. Recently, the European Union adopted a new directive designed to help establish an adequate minimum wage in the 27 member states. However, the minimum wage amounts and conditions will not be uniform. Despite efforts, the real minimum wage has fallen in most EU member states, with inflation peaking in 2022. The Organization for Economic Cooperation and Development (OECD) recommends a periodic review of the wage to protect low-income workers. The EU Directive aims to establish a framework for ensuring an adequate level of the legal minimum wage, promote collective bargaining to set wages and expand workers access to exercise their rights to receive the minimum wage. In terms of determining an appropriate minimum wage, this process is not without its challenges. The EU directive gives member states the option to use international or national reference points to set the minimum wage. The ratio of the minimum wage to the median wage remains an important indicator that reflects the situation of workers receiving the minimum wage. According to OECD data, in 2022, the minimum wage represented less than 50% of the median wage in 10 EU countries. This paper is dedicated to identifying and finding solutions to solve the mentioned problems.

This article examines the relationship between the minimum wage and the gender wage gap in the United States. It challenges the common belief that increasing the minimum wage will primarily benefit women's earnings. The article points out the lack of recent research on this topic and discusses the changing landscape of female college graduates in the US. It also reviews previous studies on the effects of the minimum wage on wage inequality and raises questions about their methodology and findings. The article concludes that more research is needed to fully understand the impact of the minimum wage on the gender wage gap. [Extracted from the article]