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New Zealand has seen dramatic changes in minimum wage policies since 2000. The adult minimum wage has increased 75% in CPI-adjusted real terms. In addition, the youth minimum wage was abolished in two stages, resulting in a 125% increase in the real minimum wage for 16–19-year-old workers. We...
Persistent link: https://www.econbiz.de/10012597448
subsample 1975{1997. It extends the analytical framework of Card and Lemieux (2001) which simultaneously includes skill and age … as important dimensions of heterogeneity. After having identified cohort effects in skill wage premia and in the … evolution of relative employment measures, we estimate elasticities of substitution between employees in three different skill …
Persistent link: https://www.econbiz.de/10010268008
subsample 1975{1997. It extends the analytical framework of Card and Lemieux (2001) which simultaneously includes skill and age … as important dimensions of heterogeneity. After having identified cohort effects in skill wage premia and in the … evolution of relative employment measures, we estimate elasticities of substitution between employees in three different skill …
Persistent link: https://www.econbiz.de/10005763619
skill-biased technical change effects are most evident prior to 1983. This predates the diffusion of personal computer … price-induced substitution, nonhomothetic output effects and skill-biased technical change responses to a range of proposed …
Persistent link: https://www.econbiz.de/10010261577
skill-biased technical change effects are most evident prior to 1983. This predates the diffusion of personal computer … price-induced substitution, nonhomothetic output effects and skill-biased technical change responses to a range of proposed …
Persistent link: https://www.econbiz.de/10005761848
This paper presents and tests a model that may partially explain why the demand for labor adapts to the availability of labor. In particular, I postulate that the cost of hiring declines with increases in the amount of labor available. The cost of hiring would decrease with a growth in available...
Persistent link: https://www.econbiz.de/10010283952
Gefährdet der demographische Wandel den ökonomischen Wohlstand in Deutschland oder reicht das Arbeitsvolumenangebot aus, um den Arbeitsvolumenbedarf zu decken? In diesem Beitrag wird mittels Wachstumszerlegung der Bedarf für ein fortgeschriebenes BIP-pro-Kopf ermittelt. Dieser wird dem...
Persistent link: https://www.econbiz.de/10010409400
We expand the analysis of cyclical changes in labor demand by decomposing changes along the intensive margin into those in days/week and in hours/day. Using large cross sections of U.S. data, 1985-2018, we observe around ¼ of the adjustment in weekly hours occurring through changing days/week....
Persistent link: https://www.econbiz.de/10015061927
top-paying jobs, entry wages and wage growth, and skill premia over time. To allow for a detailed analysis, we distinguish …
Persistent link: https://www.econbiz.de/10011584649
We investigate the potential channels that drive female labor force participation to rise in response to unbalanced sex ratios, in the presence of strong social norms against female employment. One such channel is women's desired labor supply, operating through the marriage market, and the other...
Persistent link: https://www.econbiz.de/10011931787