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Does the Minimum Wage Cause Inefficient Rationing?
Luttmer, Erzo F. P. - 2010
This paper investigates whether the minimum wage leads to inefficient job rationing. By not allowing wages to clear the labor market, the minimum wage could cause workers with low reservation wages to be rationed out while equally skilled workers with higher reservation wages are employed. This...
Persistent link: https://www.econbiz.de/10012760219
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Job Queues and Wages : New Evidence on the Minimum Wage and Inter-Industry Wage Structure
Holzer, Harry J. - 2010
This paper uses job applications- data to test the existence of non-competitive, ex-ante rents in the labor market. We first examine whether jobs that pay the legal minimum wage face an excessively of labor as measured by the number of job applications received for the most recent positions...
Persistent link: https://www.econbiz.de/10012760207
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The Effects of Minimum Wages Throughout the Wage Distribution
Neumark, David; Schweitzer, Mark; Wascher, William - 2021
This paper provides evidence on a wide set of margins along which labor markets can adjust in response to increases in the minimum wage, including wages, hours, employment, and ultimately labor income, representing the central margins of adjustment that impact the economic well-being of workers...
Persistent link: https://www.econbiz.de/10013219178
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Labor Market Institutions and the Distribution of Wages, 1973-1992 : A Semiparametric Approach
DiNardo, John E.; Fortin, Nicole M.; Lemieux, Thomas - 2021
This paper presents a semiparametric procedure to analyze the effects of institutional and labor market factors on recent changes in the U.S. distribution of wages. The effects of these factors are estimated by applying kernel density methods to appropriately 'reweighted' samples. The procedure...
Persistent link: https://www.econbiz.de/10013225404
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Measuring the Impact of Minimum Wages : Evidence from Latin America
Maloney, William F.; Nunez, Jairo - 2021
This paper first provides an overview of the levels of minimum wages in Latin America and their true impact on the distribution of wages using both numerical measures and kernel density plots. It identifies numeraire' effects higher in the wage distribution and lighthouse' or reference effects...
Persistent link: https://www.econbiz.de/10013233720
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Dropouts Need Not Apply? The Minimum Wage and Skill Upgrading
Clemens, Jeffrey P.; Kahn, Lisa; Meer, Jonathan - 2022
We explore whether minimum wage increases result in substitution from lower-skilled to slightly higher-skilled labor. Using 2011-2016 American Community Survey data (ACS), we show that workers employed in low-wage occupations are older and more likely to have a high school diploma following...
Persistent link: https://www.econbiz.de/10013314315
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Optimal Minimum Wage Policy in Competitive Labor Markets
Lee, David - 2010
show that a binding minimum wage -- while leading to unemployment -- is nevertheless desirable if the government values … redistribution toward low wage workers and if unemployment induced by the minimum wage hits the lowest surplus workers first. This …
Persistent link: https://www.econbiz.de/10012758403
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Who Gets What from Employer Pay or Play Mandates?
Burkhauser, Richard V. - 2010
Critics of pay or play mandates, borrowing from the large empirical minimum wage literature, provide evidence that they reduce employment. Borrowing from a smaller empirical minimum wage literature, we provide evidence that they also are a blunt instrument for funding health insurance for the...
Persistent link: https://www.econbiz.de/10012759713
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Time-Series Evidence of the Effect of the Minimum Wage on Youth Employment and Unemployment
Brown, Charles - 2010
the minimum wage on teenage unemployment, or its relative impact on black and white teenagers. The purpose of this paper … unemployment rates of teenagers, we explore several related issues: the relative importance of changing the level and coverage of …
Persistent link: https://www.econbiz.de/10012760358
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Unemployment Effects of Minimum Wages
Mincer, Jacob - 2021
. In the more recent work, attention has shifted to effects on unemployment in low-wage demographic groups, such as … distinction between minimum wage effects on employment and those on unemployment. The purpose of this paper is to explore the … analytical distinction between employment and unemployment effects in the hope of providing some understanding of the …
Persistent link: https://www.econbiz.de/10013216516