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Is a minimum wage an appropriate instrument for redistribution?
Gerritsen, Aart; Jacobs, Bas - 2016
minimum-wage increase raises involuntary unemployment, but also raises skill formation as some individuals avoid unemployment … skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient … the revenue losses from higher unemployment. We write this condition in terms of measurable sufficient statistics. Our …
Persistent link: https://www.econbiz.de/10011563071
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To redistribute or to predistribute? : the minimum wage versus income taxation when workers differ in both wages and working hours
Gerritsen, Aart - 2023
I consider the case for the minimum wage alongside (optimal) income taxes when workers differ in both wages and working hours, such that a given level of income corresponds to multiple wage rates. The minimum wage is directly targeted at the lowest-wage workers, while income taxes are at most...
Persistent link: https://www.econbiz.de/10014390442
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A cointegration model for search equilibrium wage formation
Broersma, Lourens; Butter, Frank A. G. den; Kock, Udo - 2003
flows on wage formation as alternative to the traditional specification of wage equations where unemployment represents the …
Persistent link: https://www.econbiz.de/10011334346
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Structural estimation of search intensity : do non-employed workers search enough?
Gautier, Pieter; Moraga-González, José Luis; … - 2007
Persistent link: https://www.econbiz.de/10003644195
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Structural estimation of search intensity : do non-employed workers search enough?
Gautier, Pieter; Moraga-González, José Luis; … - 2007
We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it as the number of job applications that workers send out....
Persistent link: https://www.econbiz.de/10011372979
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The effect of a minimum wage on unemployment in a model of team production
Frijters, Paul - 1998
Persistent link: https://www.econbiz.de/10000985231
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Tax curvature
Hummel, Albert Jan - 2021
In a Mirrleesian environment, a monopsonist sets hourly wages and individuals choose how many hours to work. Labor market outcomes do not only depend on the level and slope of the income tax function, but also on its curvature. A more concave tax schedule raises the elasticity of labor supply,...
Persistent link: https://www.econbiz.de/10012595290
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Industrial transfer policy in China : migration and development
Gerritse, Michiel; Wang, Zhiling; Oort, Frank van - 2024
China's Industrial Transfer Policy (ITP) is a novel place-based development policy of unprecedented scale. The policy targets a set of inland cities aiming to i) grow them in size and ii) restructure them into manufacturing hubs. These cities would eventually relieve pressure in China's coastal...
Persistent link: https://www.econbiz.de/10014505370
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Multiple equilibria and minimum wages in labor markets with informational frictions and heterogeneous production technologies
Berg, Gerard J. van den - 1999
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10011302622
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Price and income elasticities of residential water demand : why empirical estimates differ
Dalhuisen, Jasper M.; Florax, Raymond J. G. M.; Groot, … - 2001
This paper presents a meta-analysis of variations in price and income elasticities of residential water demand.Information on the determinants of consumer demand is of pivotal importance for the efficiency and efficacy ofpublic and private policy-making. It is also crucial for effective water...
Persistent link: https://www.econbiz.de/10011398958