UNSPECIFIED (2003) The impact of the national minimum wage in small firms. BRITISH JOURNAL OF INDUSTRIAL RELATIONS, 41 (3). pp. 435-456. ISSN 0007-1080

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Abstract

The introduction of the National Minimum Wage (NMW) had potentially significant implications for small firms. Orthodox economic theory predicts adverse consequences, though institutional analysis points to potential efficiency as well as fairness effects. Using longitudinal data on 55 firms, this paper examines the impact of the NMW in small firms in clothing manufacture and hotel and catering. Different patterns of adjustment were observed, explained by both size and sector characteristics. Overall, the impact of the NMW was mediated by the informality of employment relations in the small firm.

Item Type:	Journal Article
Subjects:	H Social Sciences > HD Industries. Land use. Labor
Journal or Publication Title:	BRITISH JOURNAL OF INDUSTRIAL RELATIONS
Publisher:	BLACKWELL PUBL LTD
ISSN:	0007-1080
Date:	September 2003
Volume:	41
Number:	3
Number of Pages:	22
Page Range:	pp. 435-456
Publication Status:	Published
URI:	http://wrap.warwick.ac.uk/id/eprint/9356

Data sourced from Thomson Reuters' Web of Knowledge

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