Tutor: Juanna Schrøter Joensen Examinator: Örjan Sjöberg The Employment Effect of an Increase in the Swedish Minimum Wage An empirical study of the 2005 wage agreement between SKL and Kommunal Mikolaj Gruszczynski♣ Paula Roth♦ Bachelor’s Thesis‚ Stockholm School of Economics‚ Department of Economics June 16‚ 2010 Abstract This thesis investigates the relationship between a minimum wage increase and change in employment for municipality workers in Sweden between 2003 and 2007. The
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ABSTRACT The purpose of this research paper is to analyze the minimum wage in Ontario based on the current minimum wage is $10.25 in Ontario. The minimum wage mainly happens to the unemployed women and the young. The research on the minimum wage can permit people to contribute to the discussion about the ongoing minimum wage policies in Ontario and the relevant impacts of raising the minimum wage in this province. This research paper will be divided into three parts. Firstly‚ this research paper
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Minimum wage against our economy Every day small businesses are being closed all around the United States. People’s lives are being changed and destroyed every hour. What is the one common cause? Raising the minimum wage. Raising the minimum wage is an evergoing danger that Americans must fight against. The minimum wage has the ability to ruin or stabilize our economy. The government must be more cautious in its implementation of the minimum wage. The minimum wage should not be raised because
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"Tips for motivating a Low-Wage Workforce" Workforce Management August 2005: 57-58 Laliberte‚ Richard. "For love‚ not money: 10 ways to make your minimum-wage employees passionate about their work" Success Magazine.com August 1998. 12 October2005. < http://www.findarticles.com/p/articles/mi_m3514/is_n8_v45/ai_21037687#continue> Nelson‚ John. "High Impact for Low-Wage Workers" Workforce Management November 2004: 47-50 Thesis: Motivating minimum wage employees is often a difficult
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Economic Effects of Raising the Minimum Wage According to the United States Department of Labor‚ on June 25‚ 1938‚ the Fair Labor Standards Act was signed by President Franklin D. Roosevelt‚ setting the federal minimum wage to twenty-five cents per hour. Since then‚ the federal minimum wage has increased twenty-eight times‚ and currently sits at seven dollars and twenty-five cents per hour. Despite these raises‚ the general public shows dissatisfaction with the current wage‚ and the discussion about
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In a pure economics sense‚ Brown‚ Gilroy and Kohen(1982) states that “the effect of the minimum wage in the simplest is that employment is reduced and the efficiency of the labour market is impaired because some individuals whose marginal product exceeds their reservation wage are unable to work” (Brown‚ Gilroy and Kohen‚ 1982). The “employment effect” (De Fraja‚ 1999) suggests that an increase in minimum wage will restrict job opportunities‚ resulting in a loss of jobs and potential lowering of
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Pro: The minimum wage across Canada should be increased to at least $10.00 an hour. This would allow some of the working poor to live above the poverty level. In some cases‚ the current minimum wage is not enough to live on‚ and extra assistance is necessary. In some cases the minimum wage is so low that it encourages people to rely on social assistance. Frank Field talks about this in his book The Minimum Wage: "Indeed‚ a low paid worker who works full time may in some instances be worse off
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Arguments for and against the National Minimum Wage (NMW) in the UK: stop employees being taken advantage of by being paid unfair wages by their employers. set a standard of the minimum worth of a worker. This benchmark was set so that employers would be unable to hire any staff for less than the suggested hourly rate. reduce pay differentials between genders. What is the new minimum wage?: In October 2009‚ the NMW for workers increased from: £5.73 to £5
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Morgan Spurlock’s 30 days on minimum wage was a documentary that really highlights the struggles of living on the bare minimum. I would be lying if I told you that I watched the documentary in your class‚ due to the fact that I was asleep‚ but because Economics is my priority I watched the documentary on my own. I am very fortunate to say that I make above minimum wage‚ even though I don’t have many expenses I do make more than the average student my age. What really struck me in this documentary
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