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This paper reviews current issues in youth labour markets in developed countries. It argues that young people aged 16-25 have been particularly hard hit during the current recession. Using the USA and UK as cast studies, it analyses both causes and effects of youth unemployment using micro-data....
Persistent link: https://www.econbiz.de/10008543262
workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be … granted to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates …
Persistent link: https://www.econbiz.de/10005247692
laws reduce employment among the least-skilled workers they are intended to help. But they also increase wages for many of …
Persistent link: https://www.econbiz.de/10010785486
climate of employment relations and union effects on employment growth. …
Persistent link: https://www.econbiz.de/10005763571
living wage laws and living wage campaigns. We find that living wage laws raise wages of low-wage workers but reduce … employment among the least-skilled, especially when the laws cover business assistance recipients or are accompanied by similar …
Persistent link: https://www.econbiz.de/10005763655
it is quite small in 2004. Negative union effects on employment growth and financial performance are largely confined to …
Persistent link: https://www.econbiz.de/10005762266
’s theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of …
Persistent link: https://www.econbiz.de/10005566432
Policy researchers often have to estimate the future effect of imposing a policy in a particular location. There is often evidence on the effects of similar policies in other jurisdictions, but no information on the effects of the policy in the jurisdiction in question. And the policy may have...
Persistent link: https://www.econbiz.de/10010604109
heterogeneity and conclude that minimum wages in the United States have not reduced employment. We explore the ability of these …We revisit the minimum wage-employment debate, which is as old as the Department of Labor. In particular, we assess new … evidence still shows that minimum wages pose a tradeoff of higher wages for some against job losses for others, and that …
Persistent link: https://www.econbiz.de/10010607500
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 longer-run effects could arise if minimum wages increase skill acquisition …
Persistent link: https://www.econbiz.de/10005761679