Kaitz index

From Wikipedia, the free encyclopedia

The Kaitz index, devised in 1970 and named after Hyman Kaitz, is an economic indicator represented by the ratio of the nominal legal minimum wage to median wage adjusted for the industry-level coverage. [1][2]

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References[edit]

  1. ^ Williams, Nicolas; Mills, Jeffrey (June 1998). "Minimum wage effects by gender". Journal of Labor Research. 19 (2): 397–414. doi:10.1007/s12122-998-1022-2. S2CID 154606029.
  2. ^ Askenazy, Philippe (February 2003). "Minimum wage, exports and growth" (PDF). European Economic Review. 47 (1): 147–164. doi:10.1016/s0014-2921(02)00187-3.