Impact of minimum wage on youth unemployment a case study of East Africa
Date
2021
Authors
Mboya, Wesley Wambua
Journal Title
Journal ISSN
Volume Title
Publisher
Strathmore University
Abstract
The aim of this study to investigate the impact of minimum wage policies on employment
among the youth population in the East African Community. It implemented a panel data
analysis with a sample of three countries: Kenya, Uganda and Tanzania as the cross sections
and uses data from the year 2000 to 2019. The independent variables regressed on the youth
employed were: minimum wage, economic growth, investment growth, the country's human
development index, inflation and the bank lending rate. The first model found a positive and
significant effect from the human development index to the youth employed. The second
model, which also included interactions between minimum wage and the other independent
variables found positive significant effects from inflation and interactions with inflation and
economic growth
Description
A research proposal submitted in partial fulfillment of the requirements for the Degree of Bachelor Of Business Science In Financial Economics, Strathmore University