Do labor costs affect companies' demand for labor?

Higher labor costs (higher wage rates and employee benefits) make workers better off, but they can reduce companies’ profits, the number of jobs, and the hours each person works. Overtime pay, hiring subsidies, the minimum wage, and payroll taxes are just a few of the policies that affect labor costs. Policies that increase labor costs can substantially affect both employment and hours, in individual companies as well as the overall economy.

MoreLess

Year of publication:	2014
Authors:	Hamermesh, Daniel S.
Published in:	IZA World of Labor. - Institute for the Study of Labor (IZA), ISSN 2054-9571. - 2014, May, izawol.3, p. 1-10
Publisher:	Institute for the Study of Labor (IZA)
Subject:	labor demand \| wages \| employee benefits

freely available

Full text |

More access options

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

subito order

I need help

More details

Extent:	application/pdf text/html
Type of publication:	Article
Classification:	J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment ; J20 - Time Allocation; Work Behavior; Employment Determination and Creation. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011186253