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approach allows us to jointly estimate the effects of the minimum wage on unemployment, average wages, sector mobility, wage … inequality, the size of the informal sector and on labor tax revenues. I show that under reasonable assumptions, cross … strongly affects wage inequality, reducing up to 20% the standard deviation of log-wages, and reduces revenues from labor taxes …
Persistent link: https://www.econbiz.de/10011184384
empirically assess the effect of the minimum wage on unemployment, average wages, sector mobility, wage inequality, the size of … and reduce wage inequality, the policy has the unintended effect of causing labor tax revenues to fall as a result of … growth in American wage inequality in recent decades. In a paper entitled “The Effect of Labour Relations Laws on Union …
Persistent link: https://www.econbiz.de/10011184464