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wage bin throughout the monthly wage distribution. We find that, after one month, wages increased by 17 to 37 percent for …
Persistent link: https://www.econbiz.de/10012495684
-skilled workers with wages just above the minimum wage, but negative effects for high-skilled top earners in East Germany, where the …
Persistent link: https://www.econbiz.de/10012270418
or the presence of envelope wages appear to be associated with lower job losses. Taken together, our findings imply an …
Persistent link: https://www.econbiz.de/10013440409
We structurally estimate an equilibrium search model using German administrative data and use this for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment effects a priori and allows for different job offer...
Persistent link: https://www.econbiz.de/10011879040
We analyze the impact of the UK national minimum wage (NMW) on the employment of young workers. The previous literature found little evidence of an adverse impact of the NMW on the UK labor market. We focus on the age-related increases in the NMW at 18 and 22 years of age. Using regression...
Persistent link: https://www.econbiz.de/10009764461
, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010371904
below what they would earn in the absence of minimum wages. Moreover, we establish that in the absence of a separate class … of agents (i.e. capitalists) minimum wages cannot increase the incomes of employed workers even when there are decreasing …
Persistent link: https://www.econbiz.de/10011481224
We analyze the redistributive (dis)advantages of a minimum wage over income taxation in competitive labor markets. A minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low-skilled workers. A simple condition based on three sufficient...
Persistent link: https://www.econbiz.de/10010234542
minimum wages and firm variety in the U.S. restaurant and retail-trade industries. To explain this finding, we construct a …
Persistent link: https://www.econbiz.de/10012624812
, generating spurious evidence that higher minimum wages reduce employment. Using minimum wage variation within contiguous county … pairs that share a state border, they find no relationship between minimum wages and employment in the U.S. restaurant …−but within cross-border commuting zones−we find a robust negative relationship between minimum wages and employment. …
Persistent link: https://www.econbiz.de/10013201636