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In monopsony models of the labour market either a minimum wage or an employment subsidy financed by a lump sum tax on profits can achieve the efficient level of employment and output. Incorporating working conditions into a monopsony model where higher wages raise firm labour supply, but less...
Persistent link: https://www.econbiz.de/10010277067
poverty, covering 21 European countries with a national minimum wage and three US States (New Jersey, Nebraska and Texas). It … or exceed the EU's at-risk-of poverty threshold, set at 60 per cent of median equivalent household income in each country … what minimum wage policies alone can achieve in the fight against in-work poverty. The route of raising minimum wages to …
Persistent link: https://www.econbiz.de/10010282582
In Germany, there is a vivid political debate on introducing a general statutory minimum wage. In this paper, we study the effects of minimum wages on labor supply using a structural household model where we distinguish between married and single households. In the model, labor supply of married...
Persistent link: https://www.econbiz.de/10010289898
Can public policy interfere with culture, such as beliefs and norms of cooperation? We investigate his question by evaluating the interactions between the State and the Civil Society, focusing on the labor market. International data shows a negative correlation between union density and the...
Persistent link: https://www.econbiz.de/10010268716
This paper provides a meta-analysis of 55 empirical studies estimating the employment effects of minimum wages in 15 industrial countries. It strongly confirms the notion that the effects of minimum wages are heterogeneous between countries. As possible sources of heterogeneity, it considers the...
Persistent link: https://www.econbiz.de/10010269767
In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10010268677
in urban poverty. …
Persistent link: https://www.econbiz.de/10010291309
Policy researchers often have to estimate the future effect of imposing a policy in a particular location. There is often evidence on the effects of similar policies in other jurisdictions, but no information on the effects of the policy in the jurisdiction in question. And the policy may have...
Persistent link: https://www.econbiz.de/10010291346
Past estimates of the effect of family income on child development have often been plagued by endogeneity and measurement error. In this paper, we use an instrumental variables strategy to estimate the causal effect of income on children's math and reading achievement. Our identification derives...
Persistent link: https://www.econbiz.de/10010284026
We study the impact of India's National Rural Employment Guarantee Scheme (NREGS) on children's educational outcomes via women's labour force participation. Using data from the Young Lives Study and taking advantage of the spatial and temporal variation in the intensity of implementation of the...
Persistent link: https://www.econbiz.de/10010284016