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reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …
Persistent link: https://www.econbiz.de/10011212754
We revisit the minimum wage-employment debate, which is as old as the Department of Labor. In particular, we assess new … heterogeneity and conclude that minimum wages in the United States have not reduced employment. We explore the ability of these …
Persistent link: https://www.econbiz.de/10010607500
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain-reaction perspective, in which unemployment movements are...
Persistent link: https://www.econbiz.de/10005703234
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the...
Persistent link: https://www.econbiz.de/10005703238
We review the burgeoning literature on the employment effects of minimum wages - in the United States and other … wide range of existing estimates and, accordingly, a lack of consensus about the overall effects on low-wage employment of … view that the minimum wage reduces the employment of low-wage workers is clearly incorrect. A sizable majority of the …
Persistent link: https://www.econbiz.de/10005763514
that minimum wages reduce employment, with the exception of high school dropouts. In contrast, evidence strongly suggests … that the EITC boosts employment of young women (although not teenagers). We also explore how minimum wages and the EITC … the EITC boosts employment and earnings for minority women, and coupling the EITC with a higher minimum wage appears to …
Persistent link: https://www.econbiz.de/10005763838
investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … stylised labour demand equation and show that the labour share is a driving force of employment. We substantiate our analytical … exposition by providing empirical models of wage setting and employment equations for France, Germany, Italy, Japan, Spain, the …
Persistent link: https://www.econbiz.de/10008548704
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …
Persistent link: https://www.econbiz.de/10009147295