New Zealand has seen dramatic changes in minimum wage policies since 2000. The adult minimum wage has increased 75 percent in CPI-adjusted real terms. In this seminar we discuss the motivations for minimum wages, the changes over time, and how they have affected workers outcomes. Surprisingly, it is hard to find a clear statement of what minimum wage policies aim to achieve. Is a minimum wage policy as effective as claimed by its supporters, or as damaging as claimed by its critics?
New research by Motu Research looks at the changes and impacts of the Statutory Minimum Wage (MW) in Aotearoa New Zealand over the past 20 years. Dean Hyslop will share some of the research findings and there will be an opportunity for a Q & A discussion after the presentation.
Presenter:Dean Hyslop is a Senior Fellow at Motu Research. He was previously Professor of Econometrics at Victoria University, Senior Researcher at the Department of Labour, and a Principal Advisor in The Treasury. Dean has also an Assistant Professor at UCLA, and has held visiting research fellow positions in Labour Economics at UC Berkeley, the University of Melbourne, the Australian National University and the University of Tokyo. Dean’s research interests are in labour markets and applied econometrics.