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Tulip, Peter - Federal Reserve Board (Board of Governors of the … - 2000

A high minimum wage (relative to average wages) raises nominal wage growth and hence inflation. This effect can be …

Persistent link: https://www.econbiz.de/10005721040

Carrington, William J.; Fallick, Bruce C. - Federal Reserve Board (Board of Governors of the … - 1999

This paper investigates the extent to which people spend careers on minimum wage jobs. We find that a small but non-trivial number of NLSY respondents spend 25%, 50%, or even 75% of the first ten years of their career on minimum or near-minimum wage jobs. Workers with these minimum wage careers...

Persistent link: https://www.econbiz.de/10005721125

Minimum wage effects on employment and school enrollment: reply to Evans and Turner

Neumark, David; Wascher, William L. - Federal Reserve Board (Board of Governors of the … - 1996

employment opportunities of youths and their decision to enroll in school. In this paper, we show that the recent claim made by …

Persistent link: https://www.econbiz.de/10005721270

The contribution of the minimum wage to U.S. wage inequality over three decades: a reassessment

Autor, David; Manning, Alan; Smith, Christopher L. - Federal Reserve Board (Board of Governors of the … - 2010

We reassess the effect of state and federal minimum wages on U.S. earnings inequality, attending to two issues that …

Persistent link: https://www.econbiz.de/10008784284

Minimum wages, labor market institutions, and youth employment: a cross-national analysis

Naumark, David; Wascher, William - Federal Reserve Board (Board of Governors of the … - 2003

We estimate the employment effects of changes in national minimum wages using a pooled cross-section time-series data … employment losses among youths. However, the evidence also suggests that the employment effects of minimum wages vary … labor standards and higher union coverage strengthen the disemployment effects of minimum wages, while employment protection …

Persistent link: https://www.econbiz.de/10005393993

Minimum wage effects on school and work transitions of teenagers

Neumark, David; Wascher, William - Federal Reserve Board (Board of Governors of the … - 1995

Persistent link: https://www.econbiz.de/10005394159

Nominal wage rigidities and the propagation of monetary disturbances

Erceg, Christopher J. - Federal Reserve Board (Board of Governors of the … - 1997

Recent research has challenged the ability of sticky price general equilibrium models to generate a contract multiplier, i.e., an effect of a monetary innovation on output that extends beyond the contract interval. We show that a simple dynamic general equilbrium model that includes...

Persistent link: https://www.econbiz.de/10005368194

Tradeoffs between inflation and output-gap variances in an optimizing-agent model

Erceg, Christopher J.; Henderson, Dale W.; Levin, Andrew T. - Federal Reserve Board (Board of Governors of the … - 1998

the special case in which prices are sticky and wages are perfectly flexible. When the model is calibrated to exhibit an …

Persistent link: https://www.econbiz.de/10005368225

Human capital, unemployment, and relative wages in a global economy

Davis, Donald R.; Reeve, Trevor A. - Federal Reserve Board (Board of Governors of the … - 2000

This paper develops a simple framework for examining human capital accumulation, unemployment, and relative wages in a …

Persistent link: https://www.econbiz.de/10005368256

International comparisons of labor costs in manufacturing

Hooper, Peter; Larin, Kathryn A. - Federal Reserve Board (Board of Governors of the … - 1988

This paper presents a comparative study of the level of unit labor costs in the manufacturing sectors of several countries. The paper begins by surveying earlier estimates of relative productivity and unit labor cost levels and evaluating the various methodologies that have been used in previous...

Persistent link: https://www.econbiz.de/10005368260