This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms’ job offer and workers’ job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show...

Often an increase in the minimum wage is accompanied by a reduction in the capital tax. This paper analyzes the effects of interactions between the minimum wage and the capital tax in the general equilibrium framework. The analysis is conducted in an inter-temporal search model in which firms...

What is the impact of the minimum wage on the college wage premium? I show that job-ladder models imply that the effect should be small on impact---raising only the wages of workers bound by the minimum wage---and grow over time as workers slowly move up the job ladder. Guided by my theory, I...

Australia has a dynamic labour market with high job turnover. According to the HILDA Survey data, about one-fifth of all employees separate from their job every year, and about one fifth of those are displaced workers - laid off for economic reasons. Using multivariate probit regression we find...

Using 1994-2003 CPS data, we study gender and assimilation of Mexican Americans. Source country patterns, particularly the more traditional gender division of labor in the family in Mexico, strongly influence the outcomes and behavior of Mexican immigrants. On arrival in the United States,...

In this chapter, I survey principal econometric studies of several important labor market issues in Central and East European countries as they launched the transition from central planning to a market economy. The topics covered include employment, wage and fringe benefits determination in...