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few firms dominate hiring in the market. Using data from the leading employment website CareerBuilder.com, we calculate …
Persistent link: https://www.econbiz.de/10012940798
Why is the employment effect of the minimum wage frequently found to be close to zero? Theory tells us that when wages … – where wages are more likely to be below marginal productivity – experience significantly more positive employment effects … from the minimum wage. While increases in the minimum wage are found to significantly decrease employment of workers in low …
Persistent link: https://www.econbiz.de/10012865765
During the Great Recession, U.S. unemployment benefits were extended by up to 73 weeks. Theory predicts that extensions increase unemployment by discouraging job search, a partial equilibrium effect. Using data from the large job board CareerBuilder.com, I find that a 10% increase in benefit...
Persistent link: https://www.econbiz.de/10012986286
How does employer market power affect workers? We compute the concentration of new hires by occupation and commuting zone in France using linked employer-employee data. Using instrumental variables with worker and firm fixed effects, we find that a 10% increase in labor market concentration...
Persistent link: https://www.econbiz.de/10014090772
By reducing the commitment made by employers, fixed-term contracts can help low-skilled youth find a first job. However, the long-term impact of fixed-term contracts on these workers' careers may be negative. Using Spanish social security data, we analyze the impact of a large liberalization in...
Persistent link: https://www.econbiz.de/10012997880