THE EFFECT OF MINIMUM WAGE LAW ON EMPLOYMENT BY VARIOUS YOUNG AGE GROUPS

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PAZHOUYAN J.; RAMINI A.

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Journal: ECONOMIC RESEARCH REVIEW Year:2001 | Volume:1 | Issue:2 Page(s): 57-74

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Title

THE EFFECT OF MINIMUM WAGE LAW ON EMPLOYMENT BY VARIOUS YOUNG AGE GROUPS

Author(s)

PAZHOUYAN J. | RAMINI A. | Issue Writer Certificate

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Abstract

In this study attempts have been made to delineate the impact of real minimum wage law on the employment of young work force at various young age groups in Iran. The finding of this study reveals that any increase in real minimum wage level will generate a significant adverse effect on the employment opportunity for young labor force, particularly at the age groups of 10-14 and 15-19. The adverse effects seem to be more alarming for female than male gender. This is partly explained by the fact that wage discrimination is observed in the Iranian economy. On the other hand, the increase in real minimum wage level imparts its adverse impact more on the teenager groups than the other young groups. In general, the findings of this study indicate that the increment in real minimum wage level do distort gender and age-wise employment distribution in the context of Iranian economy. Taking the notion of young population structure and inefficient social security in Iran, it will be premature to suggest legislation to increase in real minimum wage level.

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APA: Copy

PAZHOUYAN, J., & RAMINI, A.. (2001). THE EFFECT OF MINIMUM WAGE LAW ON EMPLOYMENT BY VARIOUS YOUNG AGE GROUPS. ECONOMIC RESEARCH REVIEW, 1(2), 57-74. SID. https://sid.ir/paper/67228/en

Vancouver: Copy

PAZHOUYAN J., RAMINI A.. THE EFFECT OF MINIMUM WAGE LAW ON EMPLOYMENT BY VARIOUS YOUNG AGE GROUPS. ECONOMIC RESEARCH REVIEW[Internet]. 2001;1(2):57-74. Available from: https://sid.ir/paper/67228/en

IEEE: Copy

J. PAZHOUYAN, and A. RAMINI, “THE EFFECT OF MINIMUM WAGE LAW ON EMPLOYMENT BY VARIOUS YOUNG AGE GROUPS,” ECONOMIC RESEARCH REVIEW, vol. 1, no. 2, pp. 57–74, 2001, [Online]. Available: https://sid.ir/paper/67228/en

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