Showing 1 - 10 of 249
.S. States with low minimum wages (i.e., where the federal minimum wage is binding). The results are robust to instrumenting …We exploit the non-linearity in the level of minimum wages across US States created by the coexistence of federal and … state regulations to investigate how minimum wages affect the labor market impact of immigration. We find that the effects …
Persistent link: https://www.econbiz.de/10012951556
This paper shows that increases in the minimum wage rate can have ambiguous effects on the working hours and welfare of … employed workers in competitive labor markets. The reason is that employers may not comply with the minimum wage legislation … and instead pay a lower subminimum wage rate. If workers are risk neutral, we prove that working hours and welfare are …
Persistent link: https://www.econbiz.de/10013316315
In a seminal paper, Rose (2004) found that the assumed positive impact of the WTO on international trade was questionable. This finding has been scrutinized and modified in subsequent research, using different datasets, econometric methods and separating the WTO from other forms of trade...
Persistent link: https://www.econbiz.de/10013081056
We address the trade effect of restrictive product standards on the margins of trade, by matching a detailed panel of French firm exports with a new database compiling the list of Sanitary and Phyto-Sanitary regulatory measures that have been raised as a concern in dedicated committees of the...
Persistent link: https://www.econbiz.de/10013083875
between wages and profits, and for production and trade patterns in a two-country world …
Persistent link: https://www.econbiz.de/10013000218
This paper shows that import exposure affects voting behavior because it affects local labor markets. We develop a new framework for mediation analysis where one instrumental variable is sufficient to identify three causal effects. Using German data from 1987–2009, we find that import exposure...
Persistent link: https://www.econbiz.de/10012927102
wages approaches the issue from the production side of general equilibrium (skill-biased technical change, international …
Persistent link: https://www.econbiz.de/10012952408
skilled wage and unskilled wage. Such a mechanism exists and is independent of whether the tax is progressive or proportional …
Persistent link: https://www.econbiz.de/10012954364
We trace the development of human capital in today's Senegal, Gambia, and Western Mali between 1770 and 1900. European trade, slavery and early colonialism were linked to human capital formation, but this connection appears to have been heterogeneous. The contact with the Atlantic slave trade...
Persistent link: https://www.econbiz.de/10012954576
We examine the evolution of market potential and its role in driving economic growth over the long twentieth century. Theoretically, we exploit a structural gravity model to derive a closed-form solution for a widely-used measure of market potential. We are thus able to express market potential...
Persistent link: https://www.econbiz.de/10012910940