minimum wage (captured by the Kaitz index) in a panel setting. We find that the minimum wage raises unemployment among young …

of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …

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 …

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 …

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

differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction …