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Minimum Wages and Firm Employment: Evidence from China

Huang, Yi; Loungani, Prakash; Wang, Gewei - International Monetary Fund (IMF) - 2014

This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the … impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage … on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on …

Persistent link: https://www.econbiz.de/10011123849

Uncertainty and the Employment Dynamics of Small and Large Businesses

Ghosal, Vivek; Ye, Yang - International Monetary Fund (IMF) - 2015

We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment …-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to …

Persistent link: https://www.econbiz.de/10011123865

New Evidence on Workplace Education

Krueger, Alan; Rouse, Cecilia - Industrial Relations Section, Department of Economics - 1994

Persistent link: https://www.econbiz.de/10005436030

Observations and Conjectures on the U.S. Employment Miracle

Krueger, Alan; Pischke, Jorn-Steffen - Industrial Relations Section, Department of Economics - 1997

Persistent link: https://www.econbiz.de/10005436043

Observations and Conjectures on the U.S. Employment Miracle

Krueger, Alan; Pischke, Jorn-Steffen - Industrial Relations Section, Department of Economics - 1997

Persistent link: https://www.econbiz.de/10005436076

A Reanalysis of the Effect of the New Jersey Minimum Wage Increase on the Fast-Food Industry with Representative Payroll Data

Card, David; Krueger, Alan - Industrial Relations Section, Department of Economics - 1997

Persistent link: https://www.econbiz.de/10005436081

Assessing the Macroeconomic Impact of Structural Reforms The Case of Italy

Lusinyan, Lusine; Muir, Dirk - International Monetary Fund (IMF) - 2013

Wide-ranging structural reforms are underway in Italy, aimed at addressing key bottlenecks in the product and labor markets. Our analysis, based on the IMFâ€˜s Global Integrated Monetary and Fiscal model (GIMF), attempts to quantify the potential gains to the economy from a comprehensive...

Persistent link: https://www.econbiz.de/10011142132

Republic of Estonia; Staff Report for the 2011 Article IV Consultation

International Monetary Fund (IMF); International … - 2011

The staff report for the 2011 Article IV Consultation concluded that a vibrant recovery marked Estoniaâ€™s first year in the euro area, albeit amid nascent tensions. The economyâ€™s strong rebound has been grounded in a proven track record of prudent macroeconomic policies. Executive...

Persistent link: https://www.econbiz.de/10011142206

Dissecting Saving Dynamics; Measuring Wealth, Precautionary, and Credit Effects

Carroll, Christopher; Sommer, Martin; Slacalek, Jiri - International Monetary Fund (IMF) - 2012

We argue that the U.S. personal saving rateâ€™s long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious â€˜buffer stockâ€™ model of optimal...

Persistent link: https://www.econbiz.de/10011242291

Institutions, Informality, and Wage Flexibility; Evidence From Brazil

Filho, Irineu E. Carvalho; Estevão, Marcello M. - International Monetary Fund (IMF) - 2012

Even though institutions are created to protect workers, they may interfere with labor market functioning, raise unemployment, and end up being circumvented by informal contracts. This paper uses Brazilian microeconomic data to show that the institutional changes introduced by the 1988...

Persistent link: https://www.econbiz.de/10011242295