wages

Minimum wage: maximum impact

Paper that steps back from the current annual debate about the appropriate but small rise in the value of the minimum wage to ask a bolder question: are there more radical reforms of the minimum wage that could raise living standards in the years ahead? It discusses what happens in labour markets where the minimum wage is much higher than it is in Britain today. It also asks whether a smarter design could do more to benefit the groups that are most in need of higher wages?

Welfare that works : beyond the New Deal

Paper offering a critique of the New Deal scheme for the unemployed in the UK. It argues that the policy can be made more effective if the structure of the welfare-to-work system is changed to more closely reflect economic realities. It recommends aligning the institutions of the welfare-to-work system with the needs of employers and the disadvantaged which should have the effect of providing better jobs for the low-skilled and better workers for the private sector.