Showing 1 - 10 of 796
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … 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
This paper studies the labor market effects of non-pharmaceutical interventions (NPIs) to combat the COVID-19 pandemic. We focus on the Nordic countries which showed one of the highest variations in NPIs despite having similar community spread of COVID-19 at the onset of the pandemic: While...
Persistent link: https://www.econbiz.de/10012258526
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/10012162484
can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we consider the … impact of uncertainty and real options on the decision of working time, i.e. we examines the determinants of employment and …
Persistent link: https://www.econbiz.de/10011409991
establishments (0-9 employees), subsidized Minijob employment comprises large shares of the work force, on average over 40 percent …. For these establishments, robust evidence shows that increasing the subsidization of Minijob employment crowds out non …-subsidized employment. Our results imply that Minijob employment in 2014 may have eliminated more than 0.5 million unsubsidized employment …
Persistent link: https://www.econbiz.de/10011864521
effect on the adopters' employment and on the value-added and average wage, whereas sales and productivity increase after an … initial drop with a net positive effect five years after adoption. Crucially, the employment effect is heterogeneous across … technologies has an overall negative effect on aggregate employment. …
Persistent link: https://www.econbiz.de/10014383690
The highly dynamic nature of the COVID-19 crisis poses an unprecedented challenge to policy makers around the world to take appropriate income-stabilizing countermeasures. To properly design such policy measures, it is important to quantify their effects in real-time. However, data on the...
Persistent link: https://www.econbiz.de/10012383744
We study the impact of the Belgium lockdown on retail prices using a unique dataset tracking daily prices and … promotions during the first two weeks of the lockdown, and the presence of local pricing retail chains (LP) competing with …, retailers, products, and over time. We show that LP chains reacted the most to the lockdown with spatial heterogeneity. The …
Persistent link: https://www.econbiz.de/10012514277
We examine the impact of the rapid spread of the COVID-19 pandemic and the nationwide movement restrictions on socio-economic attitudes in four European countries (France, Germany, Spain, and the United Kingdom). We conducted large-scale surveys while the pandemic rapidly spread before and after...
Persistent link: https://www.econbiz.de/10012418542
We embed a lockdown choice in a simplified epidemiological model and derive formulas for the optimal lockdown intensity … discovery, learning effects in the health care sector, and the severity of output losses due to a lockdown. In our baseline …
Persistent link: https://www.econbiz.de/10012206448