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Persistent link: https://www.econbiz.de/10012095135
We present a dynamic policy simulation analysing what would have happened to wages, employment, and total hours had the federal minimum wage increased in September 1998, a year after the last actual increase in our data. Prior work suggests that employment responses take 6 years to play out....
Persistent link: https://www.econbiz.de/10008576695
Many studies have examined the influence of union density (union members as a percentage of all workers) on earnings in the private sector, but few such studies have looked at the public sector. Using data from the 1991 Current Population Survey, this study estimates the determinants of earnings...
Persistent link: https://www.econbiz.de/10011261333
Two well-documented empirical findings are that unionized employees typically receive substantially higher compensation than their non-union counterparts and that union representation in the United States has declined over time. Some observers have hypothesized a causal link between these two...
Persistent link: https://www.econbiz.de/10011127523
The rise in inequality between the 1970s and the 1990s and the persistent gap in pay between large and small employers are two of the most robust findings in the study of labor markets. Mainstream economists focus on differences in observable and unobservable skills to explain both the overall...
Persistent link: https://www.econbiz.de/10005655299