Showing 1 - 10 of 1,107
Economists have examined the impact of labor market regulations on the level of employment. However, there are many reasons to suspect that the impact of regulations differs across types of workers. In this paper we take advantage of the unusual large variance in labor policy in Chile to exa...
Persistent link: https://www.econbiz.de/10013225556
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
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
labor market institutions are as important as supply and demand considerations in explaining changes in the U …
Persistent link: https://www.econbiz.de/10013225404
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
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
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
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
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
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