Pay Equality and the National Minimum Wage: What Can Theories Tell Us?

Edwards, Paul and Gilman, Mark W. (1999) Pay Equality and the National Minimum Wage: What Can Theories Tell Us? Human Resource Management Journal, 9 (1). pp. 20-38. ISSN 1748-8583. (The full text of this publication is not available from this repository)

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Official URL
http://dx.doi.org/10.1111/j.1748-8583.1999.tb00186...

Abstract

The article discusses the effect of the national minimum wage (NMW) in Great Britain on pay levels and pay dispersion vary with different theories of wages. A review of main theories of wages proposed by leading economists suggests that effects are less determinate than is often thought and that they depend on the role of pay within the motivational structure of firms. An alternative view is presented that examines the dual role of wages. The article also discusses monopsony models and efficiency wage theory.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculties > Social Sciences > Kent Business School > Industrial Relations/HRM
Depositing User: J. Ziya
Date Deposited: 07 Oct 2010 08:11
Last Modified: 24 Apr 2014 13:31
Resource URI: http://kar.kent.ac.uk/id/eprint/25802 (The current URI for this page, for reference purposes)
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