tag:blogger.com,1999:blog-8487128531050281473.post4076659347536084449..comments2024-01-08T14:24:03.718+00:00Comments on Economics Essays: Why Has A Higher Minimum Wage Increased Employment in the UK?Tejvan Pettingerhttp://www.blogger.com/profile/03405988099792035111noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8487128531050281473.post-56686581153563117522012-01-09T09:26:29.335+00:002012-01-09T09:26:29.335+00:00Just a few short years on, and this piece is looki...Just a few short years on, and this piece is looking a little rediculous. Did the author ever stop to consider the total economic impossibility of his arguments?Vannoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-82907647385650294662010-03-09T14:04:34.731+00:002010-03-09T14:04:34.731+00:00I was looking for a decent discussion on this subj...I was looking for a decent discussion on this subject and found this!!<br /><br />My comments:<br /><br />1. Economic growth and higher employment are linked, but you have not demonstrated how the minimum wage has helped. It could well be that economic growth and employment would have been higher without the NMW.<br /><br />2. You have argued that unemployment is not increased. This is not the PokerRentBoyhttps://www.blogger.com/profile/10495189460373199755noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-48478489854834079232008-06-03T10:59:00.000+01:002008-06-03T10:59:00.000+01:00Eddy,I answered here:http://www.economicshelp.org/...Eddy,<BR/><BR/>I answered here:<BR/>http://www.economicshelp.org/blog/economics/national-minimum-wage-and-productivity/Tejvan Pettingerhttps://www.blogger.com/profile/03405988099792035111noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-4092240550369572902008-06-03T00:36:00.000+01:002008-06-03T00:36:00.000+01:00Why workers' productivity increase because of a ri...Why workers' productivity increase because of a rise in NMW ? because they foresee that firms might increase their wage futher so they have some incentives to work efficiently or they are just so happy with it and have a better morale ? If they dont have that ability to foresee that potential increase in wage , I think they just remain the same productivity level as before and enjoy whay Unknownhttps://www.blogger.com/profile/07382097210042725602noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-79481001626059291232008-04-17T08:26:00.000+01:002008-04-17T08:26:00.000+01:00Will thanks for Comment.The empirical evidence for...Will thanks for Comment.<BR/><BR/>The empirical evidence for 3 and 4 is in Metcalfe study http://ideas.repec.org/p/cep/cepdps/dp0781.html which I linked to in the article.<BR/><BR/>3 and 4 don't contradict, if workers produce the same with lower hours that is the definition of increased productivity. see pdf for empirical data.<BR/><BR/>How would you explain rising minimum wage and falling Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-77829200880503578032008-04-16T20:01:00.000+01:002008-04-16T20:01:00.000+01:00I honestly find these arguments weak and unimpress...I honestly find these arguments weak and unimpressive. Correlation doesn't equal causation, and it seems premature to believe it does in the UK.<BR/><BR/>Strong economic growth? That doesn't contrast how the labor market dynamics might have looked had there not been a minimum wage.<BR/><BR/>Your third and fourth points contradict. You cans postulate that there was increased productivity in Anonymousnoreply@blogger.com