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The Minimum Wage from a Two-Sided Perspective
Brown, Alessio J.G. - 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/10013051811
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An Incentive Theory of Matching
Brown, Alessio J.G. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10013160145
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Active Labor Market Programs : Employment Gain or Fiscal Drain?
Brown, Alessio J.G. - 2012
seeking and keeping a job, (iv) incentives for human capital enhancement, and (v) improved labor market matching. Reviewing …
Persistent link: https://www.econbiz.de/10013099681