University of Lethbridge
The effect of minimum wage increase on employment in Canada
Abstract
This research investigates the effect of minimum wage increases on employment in Canada, focusing on three age groups: 15-19, 20-24, and 15-24. The study utilizes provincial data from 1983 to 2022 and employs Neumark's (2001) pre-specified design to analyze the ratio format of the explanatory variables. Additionally, this study slightly modifies Neumark’s design to analyze the explanatory variables in a non-ratio format. The model results indicate no statistically significant relationship between minimum wage and employment for all age groups for Neumark’s (2001) pre-specified model and the modified form. The overall results suggest that firms may respond to minimum wage increases by adjusting other variables such as non-wage benefits, prices, profits, etc.
Author and committee
dc:creator, dc:contributor.*- Authors
-
- Quarmson, Isaac Sarfo
- University of Lethbridge. Faculty of Arts and Science
Subjects
dc:subject × 4Identifiers
dc:identifier.*- Identifier
- hdl:10133/6938
- OAI identifier oai:identifier
- oai:opus.uleth.ca:10133/6938