scholarly journals Consumer Loan Response to Permanent Labor Income Shocks: Evidence from a Major Minimum Wage Increase

2017 ◽  
Author(s):  
Ibrahim Guney ◽  
Yavuz Hacihasanoglu ◽  
Semih Tumen
Keyword(s):  
Minimum Wage ◽  
Labor Income ◽  
Wage Increase ◽  
Income Shocks ◽  
Minimum Wage Increase

scholarly journals The impact of a minimum wage change on the distribution of wages and household income

2020 ◽  
Author(s):  
Paul Redmond ◽  
Karina Doorley ◽  
Seamus McGuinness
Keyword(s):  
Income Distribution ◽  
Minimum Wage ◽  
Wage Inequality ◽  
Household Income ◽  
Spillover Effects ◽  
Wage Distribution ◽  
Wage Increase ◽  
Minimum Wage Increase ◽  
Wage Change ◽  
The Impact

Abstract We use distribution regression analysis to study the impact of a 6% increase in the Irish minimum wage on the distribution of hourly wages and household income. Wage inequality, measured by the ratio of wages in the 90th and 10th percentiles and the 75th and 25th percentiles, decreased by approximately 8 and 4%, respectively. The results point towards wage spillover effects up to the 30th percentile of the wage distribution. We show that minimum wage workers are spread throughout the household income distribution and are often located in high-income households. Therefore, while we observe strong effects on the wage distribution, the impact of a minimum wage increase on the household income distribution is quite limited.

Lowering wage inequality with the minimum wage increase in Slovenia

2021 ◽  
Vol 13 (3) ◽  
pp. 306
Author(s):  
Suzana Laporšek ◽  
Milan Vodopivec ◽  
Matija Vodopivec
Keyword(s):  
Minimum Wage ◽  
Wage Inequality ◽  
Wage Increase ◽  
Minimum Wage Increase
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