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Self-Perceived Health Status among Young Adults: Does a Differentiated Minimum Wage Cut Matter?

Author

Listed:
  • Alexandros P. Bechlioulis

    (Department of Economics, University of Piraeus, Greece)

  • Michael Chletsos

    (Department of Economics, University of Piraeus, Greece)

  • Alexandra V. Gkliati

    (Department of Early Childhood, Education and Care, University of West Attica)

  • Anna Saiti

    (Department of Early Childhood, Education and Care, University of West Attica)

Abstract

The paper investigates whether the imposition of a higher minimum wage cut on very young adults (17-24) differentiates their self-perceived health status compared to that of young adults (25-29). We use data from the Hellenic Statistical Authority over the period between 2010 and 2014 in Greece. Our results are clear: a higher decrease of the minimum wage for very young adults is associated with a higher possibility of an increasing fair reported health status. This possibility is significant only when potential workers are considered; however, this possibility is not an issue neither among young employees nor for inactive young adults.

Suggested Citation

  • Alexandros P. Bechlioulis & Michael Chletsos & Alexandra V. Gkliati & Anna Saiti, 2022. "Self-Perceived Health Status among Young Adults: Does a Differentiated Minimum Wage Cut Matter?," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 72(1-2), pages 3-10, January-J.
    • Handle: RePEc:spd:journl:v:72:y:2022:i:1-2:p:3-10
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    self-perceived health status; minimum wage reform; difference-in-differences estimation technique; young workers;
    All these keywords.

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies

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