Globally, around 19% of wage earners, about 327 million people,earn wages at or below the minimum level. Therefore, our findings have important policy implications, suggesting that minimum wage policies can be an effective strategy to improve the health and well-being of low-skilled workers.
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An examination of the mechanisms reveals a fascinating pattern: when minimum wages rise, incomes go up but people also adjust by working fewer overtime hours, leading to increased time for other activities and ultimately, improved physical and mental wellbeing.
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We find that a 10 percent increase in the minimum wage leads to an increase in self-reported health ranging from 0% to 1% and an increase in satisfaction with the standard of living between 1% and 6%, at the outcome means.
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We estimate a range of specifications including TWFE models, event-study analysis and contemporary differences-in-differences methods that correct biases due to heterogenous treatment effects when the treatment is continuous.
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Our analysis uses Gallup World Poll data from 2009 to 2020 covering 87 countries worldwide. Identification is achieved using within-country changes over time and cross-country variations in the timing and intensity of minimum wage increases across countries.
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Very excited that our paper with Cahit Guven, Aydogan Ulker and Carol Graham has been published in Social Science & Medicine!
Our study explores the relationship between minimum wage increases and individual health from a global perspective.
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Check out our new article published in PNAS!
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CNRS researcher at CIRED.
Founder of Global Redistribution Advocates.
Youtuber: http://bit.ly/chaine_humaine
Ex ENS Ulm, PSE, ETHZ.
Economics, sustainability, politics.
DC Studios co-CEO, #Superman, #GuardiansoftheGalaxy, #Peacemaker, dog owner, husband, servant to my cat.
Development economist studying tech adoption, beliefs, and learning
πΌ Senior Research Fellow at CDES, Monash University
Soon: Associate Professor at Macquarie University
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emiliatjernstrom.com
Professor of Economics
University of Technology Sydney
https://sites.google.com/view/petersiminski/home
Labor economist at IFAU Uppsala and UCLS Uppsala University: labor, gender, education, @statatexblog.com @repec-nep-gen.bsky.social @ifau.bsky.social @iza.org
https://jansauermann.github.io
Deputy Director of the ANU's Development Policy Centre and part of the economics faculty at the Crawford School | Research on development, labor, trade, and the environment | Personal account, usual disclaimers
www.ryanbedwards.com
Professor of Economics at Monash University and the Richard Snape Chair in Business and economics
sites.google.com/site/yvesbzenou
Professor of Economics - University of Southampton
https://sites.google.com/view/michael-vlassopoulos/home
IZA Institute of Labor Economics: advancing global labor market research from Bonn, Germany, with a network of 2,200+ experts worldwide.
More about us: www.iza.org
Interested in most aspects of social policy in Australia & internationally (also certain literary genres and restricted musical choices); also history (art too)
ANU, Canberra crawford.anu.edu.au/crawford_peoplβ¦
CEPR, established in 1983, is an independent, nonβpartisan, panβEuropean nonβprofit organization. Its mission is to enhance the quality of policy decisions through providing policyβrelevant research, based soundly in economic theory.
Economist, Bankwest Curtin Economics Centre (BCEC) Director. @CurtinUniversity. Loves Knopfler, the Toon. He/him
The Quarterly Journal of Economics is the oldest professional journal of Economics in the English language. Edited by the Department of Economics at Harvard.
The official account of the Review of Economic Studies, one of the world's top economics journals.
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One of the oldest and most prestigious journals in economics, the Journal of Political Economy presents significant and essential scholarship in economic theory and practice. https://www.journals.uchicago.edu/journals/jpe/about
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https://www.sciencedirect.com/journal/journal-of-public-economics
Economist @MonashWarwick
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BWV227
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Associate Editor @QJEHarvard
First gen high school grad
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Health economist at Unimelb. Interested in reducing health & healthcare inequities, esp for π³οΈβπ π³οΈββ§οΈ, people with disability, First Nations
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Applied Economist. Research Fellow at University of Newcastle, Australia. Health, Law & Econ, Education. Passionate applied econometrics. #econsky
Applied Microeconomist: Education, Gender and Human Capital.
Research Manager at E61 Institute. Past: Post-Doc at Bocconi and LSE. Econ PhD at the University of Melbourne.