TY  - JOUR
AB  - Presents a theoretical approach to analysing the effects of minimum
wages on employment which is intended to conform more with the
functioning of actual labour markets than do other popular models
traditionally used to analyse the likely effects of minimum wages on
employment. The model has the desirable property of not only allowing
for the negative effect predicted by conventional models, but also
permiting a non‐negative impact which is consistent with several recent
empirical pieces of work. Examines the employment effects of the
industry‐level system of minimum wages which operated in the UK until
September 1993. Results reported are not in line with the orthodox model
as they suggest a neutral or positive impact of Wages Council minimum
wages on employment between 1978 and 1990.
VL  - 15
IS  - 2/3
SN  - 0143-7720
DO  - 10.1108/01437729410059314
UR  - https://doi.org/10.1108/01437729410059314
AU  - Dickens Richard
AU  - Machin Stephen
AU  - Manning Alan
ED  - Stephen Bazen
ED  - Gilbert Benhayoun
PY  - 1994
Y1  - 1994/01/01
TI  - Minimum Wages and Employment: A Theoretical Framework with an Application to the UK Wages Councils
T2  - International Journal of Manpower
PB  - MCB UP Ltd
SP  - 26
EP  - 48
Y2  - 2024/04/23
ER  -