The impact of the national minimum wage in small firms
UNSPECIFIED. (2003) The impact of the national minimum wage in small firms. BRITISH JOURNAL OF INDUSTRIAL RELATIONS, 41 (3). pp. 435-456. ISSN 0007-1080Full text not available from this repository.
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|
|Official Date:||September 2003|
|Number of Pages:||22|
|Page Range:||pp. 435-456|
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