TY  - RPRT
        AU  - Jones, Melanie K.
AU  - Jones, Richard J.
AU  - Murphy, Philip D.
AU  - Sloane, Peter J.
        TI  - The Dynamics of the National Minimum Wage: Transitions Between Different Labour Market States
        PY  - 2005/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1690
        UR  - https://www.iza.org/index.php/publications/dp1690
        AB  - An important policy issue is whether the National Minimum Wage (NMW) introduced in Britain in April 1999, is a stepping stone to higher wages or traps workers in a low-wage – no-wage cycle. In this paper we utilise the longitudinal element of the Labour Force Survey over the period 1999 to 2003 to model transitions between different labour market states – payment at or below the NMW, above the NMW, unemployment and inactivity, using a multinomial logit approach. It appears that for many workers payment at or below the NMW is of relatively short duration and a substantial number move into higher paid jobs.


        KW  - steady state distributions
KW  - transitions
KW  - national minimum wage
        ER  -