Key words: Domestic worker, minimum wage, Basic Conditions of Employment Act 75 of 1997.doi:10.5897/AJBM12.1390Jenni GobindGraham du PlessisWilfred Isioma UkpereAcademic JournalsAfrican journal of business managementGobind, J. du Plessis, G & Ukpere, W. (2012). Minimum wage and domestic workers...
But a third of market participants are now betting that the monetary policy committee (MPC) will go even further. Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said there was evidence to suggest that the changes to the minimum wage rules in April will have distorted the wage fig...
The UK government’s currentcoronavirusstrategy is to provide people withwage subsidies– matching 80 percent of their monthly earnings, and calculating the same for the self-employed based on their last three years of tax returns. As many have pointed out, the implications of this strategy are ...
George J. Stigler, ‘The Economics of Minimum Wage Legislation’,The American Economic Review36, no. 3 (June 1946): 358–365; Walter Heller,New Dimensions of Political Economy(Cambridge, MA: Harvard University Press, 1966), 115. 31. William D. Grampp and Emanuel T. Weiler,Economic Policy:...
The group admits that the UK is likely facing “a damaging recession, as well as ongoing economic insecurity” and warns of further “economic shocks from financial, climate and pandemic crises over the coming years.” They argue that “Income protection is too inflexible a tool on an ongoing...
In 2018, 16.8% of children in the UK lacked three or more basic necessities with four million being too poor to have a healthy diet (Standing, 2020, Bradshaw, 2023). At the same time, wealth inequality has reached levels last seen in the 19th century (Piketty, 2015). Since the mid-...
Atkinson, Anthony B., Chrysa Leventi, Brian Nolan, Holly Sutherland and Iva Tasseva (2017), ‘Reducing poverty and inequality through tax-benefit reform and the minimum wage: The UK as a case-study’, Journal of Economic Inequality, 15, 303–323, https://link.springer.com/article/10.1007...
Basic Income: And How We Can Make It Happen; Penguin UK: London UK, 2017. [Google Scholar] Kangas, O.; Jauhiainen, S.; Simanainen, M.; Ylikännö, M. The Basic Income Experiment 2017–2018 in Finland: Preliminary Results; Ministry of Social Affairs and Health: Helsinki, Finland,...