Showing 1 - 10 of 867
We study the effect of minimum wage increases on employment in automatable jobs – jobs in which employers may find it easier to substitute machines for people – focusing on low-skilled workers for whom such substitution may be spurred by minimum wage increases. Based on CPS data from...
Persistent link: https://www.econbiz.de/10012949936
The employment and earnings effects of the minimum wage are estimated by parameterizing an hypothesized relationship between underlying market employment and wage relationships versus observed wage and employment distributions in the presence of a legislated minimum. If there had been no minimum...
Persistent link: https://www.econbiz.de/10013230998
goal of living wages is to reduce poverty, yet they may fail to do so because of disemployment effects. We summarize and … critique the existing research on the effects of living wages on wages, employment, and family income, emphasizing common …
Persistent link: https://www.econbiz.de/10013228650
Many employers link wages at the firm’s establishments outside of the home region to the level at headquarters …. Multinationals that anchor-to-the headquarters also transmit wage changes arising from shocks to minimum wages and exchange rates in … headquarter wages, but not after a temporary (exchange rate-induced) one. We show this using data on 1,060 multinationals …
Persistent link: https://www.econbiz.de/10013324724
heterogeneity and conclude that minimum wages in the United States have not reduced employment. We explore the ability of these … effects, with teen employment elasticities near −0.3. We conclude that the evidence still shows that minimum wages pose a … tradeoff of higher wages for some against job losses for others, and that policymakers need to bear this tradeoff in mind when …
Persistent link: https://www.econbiz.de/10013088692
1990s affected the labor market. Our estimates indicate that formal wages fall by between 1.4% and 2.3% as a result of a 10 … of less-skill workers by reducing social security taxes may be effective in Latin American countries, where minimum wages …
Persistent link: https://www.econbiz.de/10012772380
Using administrative employment data from the state of Washington, we use short-duration longitudinal panels to study the impact of Seattle's minimum wage ordinance on individuals employed in low-wage jobs immediately before a wage increase. We draw counterfactual observations using...
Persistent link: https://www.econbiz.de/10012909116
influence both their ability to find employment and their potential legal wages relative to illegal sources of income, in turn … on average the effect of higher wages, drawing at least some released prisoners into the legal labor market, dominates … are unchanged, supporting our framing that minimum wages affect crime that serves as a source of income. The availability …
Persistent link: https://www.econbiz.de/10012910282
I discuss the econometrics and the economics of past research on the effects of minimum wages on employment in the … answer about the employment effects of minimum wages. My secondary goal is to discuss how we can narrow the range of … some insights from both theory and past evidence that may be informative about the effects of high minimum wages, and try …
Persistent link: https://www.econbiz.de/10012911093
, we estimate the effect of the minimum wage on the frequency distribution of hourly wages using 138 prominent state … no evidence of disemployment when we consider higher levels of minimum wages. However, we do find some evidence of …
Persistent link: https://www.econbiz.de/10012895012