Showing 1 - 10 of 13
The Worker Adjustment and Retraining Notification Act (WARN) of 1988 requires that covered firms provide affected employees with 60 days' advance notice of plant closings and large-scale layoffs. The authors use data from the three most recent Displaced Worker Surveys to compare the extent of...
Persistent link: https://www.econbiz.de/10005813566
Displaced workers with generous periods of advance notice are more likely than their non-notified counterparts to avoid post-displacement unemployment altogether, but once unemployed, they tend to escape from unemployment much more slowly. The authors, using data from the five-year retrospective...
Persistent link: https://www.econbiz.de/10005521287
The principal justification for minimum wage legislation has been the claim that it would improve the economic condition of low-wage workers. Most previous analyses of the distributional effects of minimum wages have been based on simulation exercises employing restrictive assumptions that...
Persistent link: https://www.econbiz.de/10005521677
The authors investigate the employment consequences of minimum wage regulation in 16 OECD countries, 1970-2008. Their treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study using panel methods to estimate minimum wage effects among teenagers and young adults. Apart...
Persistent link: https://www.econbiz.de/10010942643
This paper assesses the recent progress and future direction of labor policy in the European Community, now the European Union. The authors show that most of the mandates foreshadowed under the December 1989 Community Social Charter have now been enacted into law. They analyze the possible...
Persistent link: https://www.econbiz.de/10005212697
The authors use CPS micro data to derive estimates of retention rates and eventual lifetime tenure probabilities for union and nonunion workers. Although both groups enjoy a considerable degree of near-lifetime employment (defined as eventual tenure of 20 + years with the firm), union workers...
Persistent link: https://www.econbiz.de/10005212744
Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a portion of the quasi-rents stemming from long-lived capital. As a result, firms may be expected to limit their exposure to rent-seeking by reducing investments. The U.S. evidence...
Persistent link: https://www.econbiz.de/10005813166
Using data from the 1984 Displaced Worker Survey, the authors model the determinants of time without work following job displacement for a large sample of workers laid off because of plant shutdowns between 1979 and 1984. The major focus of the paper is on the role of advance notification in...
Persistent link: https://www.econbiz.de/10005735983
This study investigates the content, status, and likely impact of the Social Charter, a declaration of social rights (primarily workers' rights) endorsed by the European Community in December 1989. The European Commission, which initiated the Charter, has justified the mandated benefits proposed...
Persistent link: https://www.econbiz.de/10005516045
Persistent link: https://www.econbiz.de/10005521542