Minimum Wage Function in Relation to Economic Instability and Poverty

2007 ◽  
Author(s):  
Thomas E. Chamberlain
Keyword(s):  
Minimum Wage ◽  
Economic Instability ◽  
Wage Function

scholarly journals The Effects of Minimum Wage Throughout the Wage Distribution in Indonesia

2018 ◽  
Vol 7 (2) ◽  
pp. 221-232
Author(s):  
Sri Gusvina Dewi
Keyword(s):  
Minimum Wage ◽  
Global Financial Crisis ◽  
Wage Distribution ◽  
Wage Policy ◽  
Wage Differences ◽  
Wage Difference ◽  
Rif Regression ◽  
The Global Financial Crisis ◽  
Wage Increases ◽  
Wage Function

The global financial crisis in 2007 followed by Indonesia’s largest labor demonstration in 2013 encouraged turmoils on Indonesia labor market. This paper examines the effect of the minimum wage on wage distribution in 2007 and 2014 and how the minimum wage increases in 2014 affected the distribution of wage differences between 2007 and 2014. This study employs recentered influence function (RIF) regression method to estimate the wage function by using unconditional quantile regression. Furthermore, to measure the effect of the minimum wage increase in 2014 on the distribution of wage differences, it uses the Oaxaca–Blinder decomposition method. Using balanced panel data from the Indonesian Family Life Survey (IFLS), it found that the minimum wage mitigates wage disparity in 2007 and 2014. The minimum wage policy in 2014 leads to an increase in the wage difference between 2007 and 2014, with the largest wage difference being in the middle distribution.DOI: 10.15408/sjie.v7i2.6125

Introduction of a Nationwide Minimum Wage: Challenges to Agribusinesses in Germany

2017 ◽  
pp. 13-34 ◽  
Author(s):  
Vera Bitsch ◽  
Stefan Mair ◽  
Marta M. Borucinska ◽  
Christiane A. Schettler
Keyword(s):  
Minimum Wage

Busting The Myth: The Impact of Increasing The Minimum Wage: The Experience of Romania

2018 ◽  
Author(s):  
Frank Heemskerk ◽  
Liviu Voinea ◽  
Alexandra Cojocaru
Keyword(s):  
Minimum Wage ◽  
The Impact

Different versus Equal: The 1920s

2017 ◽  
Author(s):  
Nancy Woloch
Keyword(s):  
Women Workers ◽  
Minimum Wage ◽  
Women's Movement ◽  
Equal Rights Amendment ◽  
Equal Rights ◽  
State Laws ◽  
Single Sex ◽  
The Social ◽  
National Woman's Party ◽  
Women's Politics

This chapter revisits Adkins and considers the feud over protective laws that arose in the women's movement in the 1920s. The clash between friends and foes of the Equal Rights Amendment—and over the protective laws for women workers that it would surely invalidate—fueled women's politics in the 1920s. Both sides claimed precedent-setting accomplishments. In 1923, the National Woman's Party proposed the historic ERA, which incurred conflict that lasted for decades. The social feminist contingent—larger and more powerful—gained favor briefly among congressional lawmakers, expanded the number and strength of state laws, saw the minimum wage gain a foothold, and promoted protection through the federal Women's Bureau. Neither faction, however, achieved the advances it sought. Instead, a fight between factions underscored competing contentions about single-sex protective laws and their effect on women workers.

An econometric analysis of retail turnover in Russia

2020 ◽  
Vol 19 (6) ◽  
pp. 1133-1153
Author(s):  
A.T. Kozinova
Keyword(s):  
Household Income ◽  
Inflation Targeting ◽  
Import Substitution ◽  
Consumer Price Index ◽  
Strong Relationship ◽  
Econometric Analysis ◽  
Retail Trade ◽  
Economic Instability ◽  
Consumer Prices ◽  
Macroeconomic Indicators

Subject. The article deals with econometric analysis of retail turnover in Russia and its relationship with macroeconomic indicators, like real disposable household income, consumer prices, etc. Objectives. The purpose is to create effective models to analyze the retail turnover in Russia and its relationship with other macroeconomic indicators, taking into account the existence of periods of economic instability. Methods. I apply correlation and regression methods to analyze statistics. To quantify changes in the retail turnover of Russia during the periods of economic instability, I use dummy variables. Results. The Russia’s retail trade turnover index had a reverse and moderate relationship with the consumer price index, direct and strong relationship with the indices of real disposable household income and imports, direct relationship with the manufacturing index. I offer statistically significant regression models of Russia’s retail turnover with the said macroeconomic indicators. Conclusions. The main advantage of models of retail turnover that are built using a large number of observations is a greater number of simultaneously considered factors. The quantitative assessment of retail turnover elasticity by consumer prices confirms the need for inflation targeting by the Central Bank of the Russian Federation. The higher elasticity of retail turnover in manufacturing as compared with the imports denotes the importance of import substitution policy.

PENGARUH UPAH MINUMUM TERHADAP TENAGA KERJA DI NEGARA DENGAN TINGKAT PENGHASILAN RATA-RATA YANG RENDAH

2017 ◽  
Vol 6 (2) ◽  
Author(s):  
Veny Anindya Puspitasari
Keyword(s):  
Minimum Wage ◽  
Basic Needs ◽  
Wage Policy ◽  
Average Income ◽  
Income Per Capita ◽  
Unskilled Workers ◽  
Water Association ◽  
International Water ◽  
Per Capita ◽  
Association Data

<p>The minimum wage is a macroeconomic issue that is still debated, Basically, the minimum wage policy aimed to protect workers, so that thet earn an adequate wages to finance the basic needs of their life. Practically, the minimum wage policy often encounters its purpose because it is regarged as miserable for those who have no expertise. This phenomenon is mainly happening in the low –avegrage- income countries that have many unskilled workers. Gahana, Indonesia, Costra Rica were used to be analyzed in this paper. According to International Water Association data year 2006, those countris earn income per capita less than US$ 9,200 and were categorized as low average – income countries. This research found that minimum wage impelentation in all three countries was not effective. When minimum wage policy was implemented, a lot of people felt aggrieved.</p><p>Keywords : Economic polict, Minimum wage, Income</p>

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