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The effect of minimum wage on employment and wages in Israeli industry

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Estimates the effect of a minimum wage on the level of employment and on wages in Israeli industry. The findings surprisingly suggest that both labour demand and supply decrease after the institution of a minimum wage. Thus, employment is reduced while wages remain practically unchanged.
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Keywords: Employment; Israel; Labour Market; Minimum Wage; Pay

Document Type: Research Article

Publication date: April 1, 1997

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