This paper examines the impact of minimum wage legislation in developing countries where coverage is incomplete. Using a rich data set from Ghana, it estimates the extent to which a binding minimum wage alters employment in both the formal and informal sectors of the labor market. The data reveal that Ghana’s minimum wage policies during the 1970s and 1980s led to a reduction of formal sector j...

We suggest that stabilizing the baseline income can make low-wage workers more tolerant towards high earners. present evidence of this attitude in UK by exploiting introduction National Minimum Wage (NMW), which institutionally sets a pay reducing risk losses and providing clear reference point for British at lower end distribution. Based on data from Household Panel Survey (BHPS), we show who ...

Despite an emerging literature, there is still sparse and mixed evidence on the wider societal benefits of Minimum Wage policies, including their effects on mental health. Furthermore, causal evidence on the relationship between earnings and mental health is limited. We focus on low-wage earners, who are at higher risk of psychological distress, and exploit the quasi-experiment provided by the ...