TY  - RPRT
        AU  - Cai, Lixin
AU  - Mavromaras, Kostas
AU  - Sloane, Peter J.
        TI  - Low Paid Employment in Britain: Estimating State-Dependence and Stepping Stone Effects
        PY  - 2016/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 9633
        UR  - https://www.iza.org/publications/dp9633
        AB  - Using 18 waves of the British Household Panel Study, this paper examines state dependence and stepping stone effects of low pay. A distinguishing feature is that five types of transition- not in the labour force (NILF), unemployment, self-employment, low pay and higher pay are modelled separately. The results show that both state dependence and stepping stone effects of low pay are present. However, there is no evidence to support a low-pay no-pay cycle. The introduction of the national minimum wage does not appear to have affected state-dependence and stepping stone effects of low pay.
        KW  - state dependence
KW  - unemployment
KW  - low pay
KW  - dynamic models
        ER  -