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The potential benefits of higher minimum wages come from the higher wages for affected workers, some of whom are in poor or low-income families. The potential downside is that a higher minimum wage may discourage employers from using the low-wage, low-skill workers that minimum wages are...
Persistent link: https://www.econbiz.de/10011413647
Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market characteristics. Minimum wages target formal sector workers - a minority in most developing countries - many of whom do not live in poor households. Whether raising minimum wages...
Persistent link: https://www.econbiz.de/10011416331
Governments regulate employment to protect workers and to improve labor market efficiency. However, employment regulations can be controversial, often complicated by opposing ideological views. Thus, it is important for policymakers in developing countries to base decisions on empirical evidence...
Persistent link: https://www.econbiz.de/10011417278
Governments regulate employment to protect workers and improve labor market efficiency. But, regulations, such as minimum wages and job security rules, can be controversial. Thus, decisions on setting employment regulations should be based on empirical evidence of their likely impacts. Research...
Persistent link: https://www.econbiz.de/10012111961
The potential benefits of higher minimum wages come from the higher wages for affected workers, some of whom are in poor or low-income families. The potential downside is that a higher minimum wage may discourage employers from using the low-wage, low-skill workers that minimum wages are...
Persistent link: https://www.econbiz.de/10011947155
Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market characteristics. Minimum wages target formal sector workers - a minority in most developing countries - many of whom do not live in poor households. Whether raising minimum wages...
Persistent link: https://www.econbiz.de/10011934101
Developing countries have long been struggling to fight informality, focusing on instruments such as labor legislation enforcement, temporary contracts, and changes in taxes imposed on small firms. However, improvements in the labor force’s schooling and skill level may be more effective in...
Persistent link: https://www.econbiz.de/10011737287
Compliance with minimum wage laws and non-wage conditions of employment often depends on labor market specific factors. In developing countries, many workers still earn less than the legal minimum and lack access to mandated non-wage benefits. Enforcement has not kept up with regulation growth...
Persistent link: https://www.econbiz.de/10012012427
An increase in the minimum wage in immigrant destination countries raises the earnings that low-skilled migrants could expect to attain if they were to migrate. While some studies for the US indicate that a higher minimum wage induces immigration, contrasting evidence shows that immigrants are...
Persistent link: https://www.econbiz.de/10011430781
There are large international differences in the gender pay gap. In some developed countries in 2010-2012, women were close to earnings parity with men, while in others large gaps remained. Since women and men have different average levels of education and experience and commonly work in...
Persistent link: https://www.econbiz.de/10011431707