tag:blogger.com,1999:blog-2830084253401570472.post8610988809958730577..comments2024-03-28T09:22:36.967+13:00Comments on Offsetting Behaviour: Shamubeel, I think you forgot somethingEric Cramptonhttp://www.blogger.com/profile/15831696523324469713noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2830084253401570472.post-48899471235845219252011-01-08T16:22:20.814+13:002011-01-08T16:22:20.814+13:00Wasn't saying that at all, John. Rather, that ...Wasn't saying that at all, John. Rather, that the youth unemployment rate, relative to the adult rate, went crazy high in 2008 after the raising of the youth minimum wage to the adult level, in a way that it hasn't in any of the prior.recessions in HLFS.Eric Cramptonhttps://www.blogger.com/profile/15831696523324469713noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-71359182817259101662011-01-08T14:15:14.247+13:002011-01-08T14:15:14.247+13:00Its surely true that any increase in any minimum w...Its surely true that any increase in any minimum wage will reduce employment. But that doesn't tell us much about the appropriate difference between youth & adult minimum wages. <br /><br />Are you suggesting they should be such that unemployment rates are equalised between young & old? If so, is there a rationale for that?jpshttp://www.progressiveturmoil.comnoreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-35829193144592363922011-01-08T05:42:54.998+13:002011-01-08T05:42:54.998+13:00Having read offsetting behaviour over the last yea...Having read offsetting behaviour over the last year, I wrongly assumed that the negative employment effects of the abolition of the youth minimum wage had passed into the cannon of conventional wisdom. When reading the Press article I was therefore expecting to get to the paragraph where minimum wages were discussed and was somewhat underwhelmed to reach the end of the article without finding it. Come on NZ journalists lift your game!Matthewhttps://www.blogger.com/profile/10697391901018671804noreply@blogger.com