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Exposure to minimum wages at young ages may lead to longer-run effects. Among the possible adverse longer-run effects are decreased labor market experience and accumulation of tenure, lower current labor supply because of lower wages, and diminished training and skill acquisition. Beneficial...
Persistent link: https://www.econbiz.de/10005761679
associated with it. In particular, we distinguish between employment, hours and effort per worker, and allow for adjustment costs … associated with employment changes. We assume that the requirement function for effective hours has a general trans …-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10005703129
conventional view, we show that the effect of minimum wages on employment is ambiguous. …
Persistent link: https://www.econbiz.de/10005822833
. We find no evidence suggesting that the law reduced employment probabilities. …
Persistent link: https://www.econbiz.de/10005012886
evolution over time of the employment rates of women and of the young, and of hours worked in OECD countries. Beyond controlling … do all this we find that culture still matters for women employment rates and for hours worked. However, policies and … appear to be important in explaining the employment rate of the young. In the case of women employment rates, the policy …
Persistent link: https://www.econbiz.de/10008574584