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Deserving poor and the desirability of a minimum wage

Blumḳin, Tomer; Danziger, Leif - 2014

This paper provides a novel justification for using a minimum wage to supplement an optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage can be socially beneficial by...

Persistent link: https://www.econbiz.de/10010402108

Minimum wages and voting : assessing the political returns to redistribution outside the tax system

Huet-Vaughn, Emiliano - 2023

The positive political returns to providing cash transfers have been well documented. However, redistribution through the tax and transfer system, while direct, is not the only means by which governments seek to change the income distribution: regulation of private market transactions may have a...

Persistent link: https://www.econbiz.de/10014335878

Minimum wage and tolerance for high incomes

Fazio, Andrea; Reggiani, Tommaso - 2023

We suggest that stabilizing the baseline income can make low-wage workers more tolerant towards high income earners. We present evidence of this attitude in the UK by exploiting the introduction of the National Minimum Wage (NMW), which institutionally sets a baseline pay reducing the risk of...

Persistent link: https://www.econbiz.de/10014266908

The minimum wage from a two-sided perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, 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...

Persistent link: https://www.econbiz.de/10010369825

People versus machines in the UK : minimum wages, labor reallocation and automatable jobs

Lordan, Grace - 2019

This study follows the Lordan and Neumark (2018) analysis for the US, and examines whether minimum wage increases affect employment opportunities in automatable jobs in the UK for low-skilled low-wage workers. Overall, I find that increasing the minimum wage decreases the share of automatable...

Persistent link: https://www.econbiz.de/10012127323

Estimating the effect of an increase in the minimum wage on hours worked and employment in Ireland

McGuinness, Séamus; Redmond, Paul - 2018

On the 1st of January 2016 the Irish National Minimum Wage increased from €8.65 to €9.15 per hour, an increase of approximately six percent. We use a difference-in-differences estimator to evaluate whether the change in the minimum wage affected the hours worked and likelihood of job loss of...

Persistent link: https://www.econbiz.de/10011880306

Wage rigidities in Colombia : measurement, causes, and policy implications

Agudelo, Sonia A.; Sala, Hector - 2017

unemployment was relatively slow with respect to sustained economic growth. Following Holden and Wulfsberg (2009), we compute a …

Persistent link: https://www.econbiz.de/10011636672

Long-term responses to large minimum wage shocks : sub-minimum and super-minimum workers in Slovenia

Laporšek, Suzana; Orazem, Peter F.; Vodopivec, Matija; … - 2019

This study examines long-term effects of a minimum wage increase using an innovative identification strategy based on categorising workers according to their predicted marginal revenue products. It finds that the increase had a large and persistent disemployment effects on low-paid workers and...

Persistent link: https://www.econbiz.de/10011977607

The short-run effects of the minimum wage on employment and labor market participation : evidence from an individual-level panel

Boffy-Ramirez, Ernest - 2019

advantage of individual-level longitudinal data to observe the impacts of minimum wage changes on unemployment and labor force … determines unemployment and labor force participation. Specifically, the empirical strategy controls any fixed individual … increase in unemployment immediately following a minimum wage increase. In addition, it does not appear that employers are …

Persistent link: https://www.econbiz.de/10011978325

Minimum wages, wage dispersion and financial constraints in firms

Arabzadeh, Hamzeh; Balleer, Almut; Gehrke, Britta; … - 2023

This paper studies how minimum wages affect the wage distribution if firms face financial constraints. Using German employer-employee data and firm balance sheets, we document that the within-firm wage dispersion decreases more with higher minimum wages when firms are financially constrained. We...

Persistent link: https://www.econbiz.de/10014365430

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