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Research Article

The effects of minimum wage on unemployment for OECD countries: a dynamic fixed effects panel threshold model perspective

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Article: 2217880 | Received 11 Dec 2021, Accepted 19 May 2023, Published online: 09 Jun 2023

Figures & data

Table 1. Results of minimum wage and its impact on total unemployment.

Table 2. Results of minimum wage and its impact on long-term unemployment, unemployment by age (youth and adult), and unemployment by education level.

Table 3. Multiple-threshold models of each explanatory variable and its impact on unemployment.

Appendix A. Descriptive analysis of different unemployment rates and minimum wages across the OECD countries.

Appendix B. Robustness check excluding the highest and the lowest minimum wages countries for the total and the long-term unemployment