Impact of minimum wage on labour market institutions in developing countries: a systematic review / Nurul Syamira Ab Manan Iskandar and Suriyani Muhamad

Minimum wages have become one of the most contentious economic interventions by the government. Minimum wages compress the wage structure and alter income distribution, primarily among wage earners. Since minimum wage policies are being implemented in most developing countries, it is essential to un...

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Main Authors: Ab Manan Iskandar, Nurul Syamira, Muhamad, Suriyani
Format: Article
Language:English
Published: Universiti Teknologi MARA Cawangan Pulau Pinang 2022
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Online Access:https://ir.uitm.edu.my/id/eprint/69878/1/69878.pdf
https://ir.uitm.edu.my/id/eprint/69878/
http://ejssh.uitm.edu.my
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spelling my.uitm.ir.698782022-11-10T07:52:52Z https://ir.uitm.edu.my/id/eprint/69878/ Impact of minimum wage on labour market institutions in developing countries: a systematic review / Nurul Syamira Ab Manan Iskandar and Suriyani Muhamad Ab Manan Iskandar, Nurul Syamira Muhamad, Suriyani H Social Sciences (General) HB Economic Theory. Demography Economics Research Quantitative research Minimum wages have become one of the most contentious economic interventions by the government. Minimum wages compress the wage structure and alter income distribution, primarily among wage earners. Since minimum wage policies are being implemented in most developing countries, it is essential to understand their effects to determine their efficacy. The minimum wage is not a new phenomenon that has inspired numerous relevant academic studies. Minimum wage systems should complement and strengthen other social and employment policies. However, few systematic reviews of the existing literature on the effect of minimum wage in developing nations have been conducted. The purpose of this article is to underline a comprehensive literature review on the impact of minimum wage on labour market institutions in developing countries. This study used the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) review method, utilising the Scopus and Web of Science journal databases. The search efforts resulted in a total of 22 articles that can be systematically analysed. Most importantly, the review identified four major themes: policymakers, firm management, poverty reduction, and low-wage workers. Overall, additional analysis of the four themes led to the identification of sixteen subthemes. Several recommendations are made regarding conducting further qualitative studies, using a specific and standard systematic review method to guide research in the context of minimum wages, and implementing complementary searching techniques. Universiti Teknologi MARA Cawangan Pulau Pinang 2022-09 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/69878/1/69878.pdf Impact of minimum wage on labour market institutions in developing countries: a systematic review / Nurul Syamira Ab Manan Iskandar and Suriyani Muhamad. (2022) ESTEEM Journal Of Social Sciences And Humanities, 6 (2). pp. 1-17. ISSN 2600-7274 http://ejssh.uitm.edu.my
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic H Social Sciences (General)
HB Economic Theory. Demography
Economics
Research
Quantitative research
spellingShingle H Social Sciences (General)
HB Economic Theory. Demography
Economics
Research
Quantitative research
Ab Manan Iskandar, Nurul Syamira
Muhamad, Suriyani
Impact of minimum wage on labour market institutions in developing countries: a systematic review / Nurul Syamira Ab Manan Iskandar and Suriyani Muhamad
description Minimum wages have become one of the most contentious economic interventions by the government. Minimum wages compress the wage structure and alter income distribution, primarily among wage earners. Since minimum wage policies are being implemented in most developing countries, it is essential to understand their effects to determine their efficacy. The minimum wage is not a new phenomenon that has inspired numerous relevant academic studies. Minimum wage systems should complement and strengthen other social and employment policies. However, few systematic reviews of the existing literature on the effect of minimum wage in developing nations have been conducted. The purpose of this article is to underline a comprehensive literature review on the impact of minimum wage on labour market institutions in developing countries. This study used the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) review method, utilising the Scopus and Web of Science journal databases. The search efforts resulted in a total of 22 articles that can be systematically analysed. Most importantly, the review identified four major themes: policymakers, firm management, poverty reduction, and low-wage workers. Overall, additional analysis of the four themes led to the identification of sixteen subthemes. Several recommendations are made regarding conducting further qualitative studies, using a specific and standard systematic review method to guide research in the context of minimum wages, and implementing complementary searching techniques.
format Article
author Ab Manan Iskandar, Nurul Syamira
Muhamad, Suriyani
author_facet Ab Manan Iskandar, Nurul Syamira
Muhamad, Suriyani
author_sort Ab Manan Iskandar, Nurul Syamira
title Impact of minimum wage on labour market institutions in developing countries: a systematic review / Nurul Syamira Ab Manan Iskandar and Suriyani Muhamad
title_short Impact of minimum wage on labour market institutions in developing countries: a systematic review / Nurul Syamira Ab Manan Iskandar and Suriyani Muhamad
title_full Impact of minimum wage on labour market institutions in developing countries: a systematic review / Nurul Syamira Ab Manan Iskandar and Suriyani Muhamad
title_fullStr Impact of minimum wage on labour market institutions in developing countries: a systematic review / Nurul Syamira Ab Manan Iskandar and Suriyani Muhamad
title_full_unstemmed Impact of minimum wage on labour market institutions in developing countries: a systematic review / Nurul Syamira Ab Manan Iskandar and Suriyani Muhamad
title_sort impact of minimum wage on labour market institutions in developing countries: a systematic review / nurul syamira ab manan iskandar and suriyani muhamad
publisher Universiti Teknologi MARA Cawangan Pulau Pinang
publishDate 2022
url https://ir.uitm.edu.my/id/eprint/69878/1/69878.pdf
https://ir.uitm.edu.my/id/eprint/69878/
http://ejssh.uitm.edu.my
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score 13.211869