A Comparative Look at Educational Attainment and Minimum Wage Disemployment Effects

• Main Authors: James Thomas Vaias, 詹士賢
• Other Authors: Shu-Ling Chen
• Format: Others
• Language: en_US
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/47385189438765737499

碩士 === 國立臺北大學 === 財務金融英語碩士 學位學程(GMBA) === 104 === In recent years the percentage of the minimum wage population that is comprised of teenagers has been declining to its current level of around 20%. Teenagers have been used as a representative of low-skilled workers, but as the percentage decreases so does the potential assessment capability. This study tests the usage of educational attainment as a possible replacement for teenagers in assessing the employment effects of the minimum wage. Low levels of education were found to have a statistically significant relationship with the minimum wage. As education level increased the disemployment effects of the minimum wage decreased. As such, the goals of reducing income inequality and poverty though increasing the minimum wage could possibly be better achieved though educational initiatives.