Showing 1 - 10 of 197
This paper studies the price and employment response of firms to the introduction of a nation-wide minimum wage in … Germany. In line with previous studies, the estimated employment effect is only modestly negative and statistically …
Persistent link: https://www.econbiz.de/10013315367
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 ….S. States with low minimum wages (i.e., where the federal minimum wage is binding). The results are robust to instrumenting …
Persistent link: https://www.econbiz.de/10012951556
Common wisdom holds that the introduction of a non-binding minimum wage is irrelevant for actual wages and employment … bargained wages, we show that such minimum wages can drive up wages – and be harmful to employment – when bargaining follows the …. Empirical and experimental research, however, has shown that the introduction of a minimum wage can raise even those wages that …
Persistent link: https://www.econbiz.de/10013139416
The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age … and we show that higher minimum wage can raise aggregate employment. Expansion in the non-traded sector following a wage …
Persistent link: https://www.econbiz.de/10012835193
To many economists the public's support for the minimum wage (MW) institution is puzzling, since the MW is considered a “blunt instrument” for redistribution. To delve deeper in this issue we build models in which workers are heterogeneous in ability. In the first model, the government does...
Persistent link: https://www.econbiz.de/10012951678
affects employment, wage inequality, public expenditures, and aggregate income in the low-wage sector. It is shown that a … employment - depending on the subsidies' incidence - and income effects. Wage subsidies also allow a more equal income … distribution than statutory minimum wages. Combining a minimum wage with a wage subsidy, similar to the French minimum wage system …
Persistent link: https://www.econbiz.de/10012769311
various performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that … employment protection, higher taxes and larger economic burden represented by the minimum wage decrease employment and activity …
Persistent link: https://www.econbiz.de/10012769662
We analyze the impact of the UK national minimum wage (NMW) on the employment of young workers. The previous literature …, we find a significant and negative employment effect for male workers at 21, which we believe to be an anticipation … effect on employment of young workers, with this effect possibly occurring already well in advance of reaching the threshold …
Persistent link: https://www.econbiz.de/10013079872
effect of reducing employment in small firms as well as what these firms offer their workers. Thus, if there are only small …
Persistent link: https://www.econbiz.de/10013316334
, without reducing relative employment in low‐wage regions within the first two years …
Persistent link: https://www.econbiz.de/10012916573