Similar Search Results

Minimum Wage or Negative Income Tax: Why Skilled Workers May Favor Wage Rigidities

Bacache-Beauvallet, Maya; Lehmann, Etienne - Institute for the Study of Labor (IZA) - 2005

because minimum wage increases unemployment, hence the marginal cost of redistribution is higher which gives a pretext for …

Persistent link: https://www.econbiz.de/10005566696

Optimal Taxation and Monopsonistic Labor Market: Does Monopsony Justify the Minimum Wage?

Cahuc, Pierre; Laroque, Guy - Institute for the Study of Labor (IZA) - 2007

We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose only decisions are whether to work, or not, have heterogeneous productivities and opportunity costs of work. Given its preferences for redistribution, the government, which does not observe the...

Persistent link: https://www.econbiz.de/10005822064

Does the Minimum Wage Cause Inefficient Rationing?

Luttmer, Erzo F.P. - Institute for the Study of Labor (IZA) - 2007

This paper investigates whether the minimum wage leads to inefficient job rationing. By not allowing wages to clear the labor market, the minimum wage could cause workers with low reservation wages to be rationed out while equally skilled workers with higher reservation wages are employed. This...

Persistent link: https://www.econbiz.de/10005703055

The Effect of Tip Credits on Earnings and Employment in the U.S. Restaurant Industry

Even, William E.; Macpherson, David A. - Institute for the Study of Labor (IZA) - 2012

According to federal law in 2012, employers can take a credit of up to $5.13 for tips received by workers in satisfying the minimum wage requirement of $7.25. This study uses interstate variation in laws regarding tip credits and minimum wages to identify the effects of reducing or eliminating...

Persistent link: https://www.econbiz.de/10010717458

Minimum Wage and the Average Wage in France: A Circular Relationship?

Cette, Gilbert; Chouard, Valérie; Verdugo, Gregory - Institute for the Study of Labor (IZA) - 2013

This paper investigates whether increases in the minimum wage in France have the same impact on the average wage when intended to preserve the purchasing power of the minimum wage as when intended to raise it. We find that the impact of the minimum wage on the average wage is strong, but differs...

Persistent link: https://www.econbiz.de/10010884290

Illegal Migration, Enforcement and Minimum Wage

Epstein, Gil S.; Heizler, Odelia - Institute for the Study of Labor (IZA) - 2007

This paper examines the connection between illegal migration, minimum wages and enforcement policy. We first explore the employers’ decision regarding the employment of illegal migrants in the presence of an effective minimum wage. We show that the employers’ decision depends on the wage gap...

Persistent link: https://www.econbiz.de/10005761680

Minimum Wages and the Welfare of Workers in Honduras

Gindling, T. H.; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2007

the 1990-2004 period affect unemployment as well as the employment and average wages of workers in different sectors of … wage may increase unemployment. There are no discernable effects of minimum wages on the wages of workers in small-firms or …

Persistent link: https://www.econbiz.de/10005762034

Job Protection, Minimum Wage and Unemployment

Cahuc, Pierre; Zylberberg, André - Institute for the Study of Labor (IZA) - 1999

We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … exercises suggest that redundancy transfers and administrative dismissal restrictions have negligeable unemployment effects when … wages are flexible or when the minimum wage is low, but a dramatic positive impact on unemployment when there is a high …

Persistent link: https://www.econbiz.de/10005762387

The Minimum Wage from a Two-Sided Perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2014

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 that...

Persistent link: https://www.econbiz.de/10011103270

The Minimum Wage Affects Them All: Evidence on Employment Spillovers in the Roofing Sector

Aretz, Bodo; Arntz, Melanie; Gregory, Terry - Institute for the Study of Labor (IZA) - 2012

roofers to remain employed in the sector in eastern Germany deteriorated along the entire wage distribution. Such employment …

Persistent link: https://www.econbiz.de/10011106700