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Big Business Stability and Social Welfare
Fogel, Kathy - 2008
Many countries appear to have excessively stable big business sectors, in that higher rates of big business turnover have been correlated with faster economy growth. Public policies that stabilize big business sectors are sometimes justified as supportive of social objectives. We find no...
Persistent link: https://www.econbiz.de/10012464620
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Does a One-Size-Fits-All Minimum Wage Cause Financial Stress for Small Businesses?
Chava, Sudheer - 2019
Do increases in federal minimum wage impact the financial health of small businesses? Using intertemporal variation in whether a state's minimum wage is bound by the federal rate and credit-score data for approximately 15.2 million establishments for the period 1989-2013, we find that increases...
Persistent link: https://www.econbiz.de/10012480467
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Germany's Economic Unification : An Assessment after Ten Years
Sinn, Hans-Werner - 2000
A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …
Persistent link: https://www.econbiz.de/10012471183
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The Impact of Health and Education on Labor Force Participation in Aging Societies – Projections for the United States and Germany from a Dynamic Microsimulation
Böheim, René; Horvath, Gerard Thomas; Leoni, Thomas; … - National Bureau of Economic Research - 2021
2060 and contrast these projections with projections for Germany to assess differential effects on outcomes The projections …Both the US and Germany are expected to undergo demographic aging, but their demographic fundamentals differ starkly … 2020 and 2060, while Germany will experience a decline by 10.7 percent (4.4 million workers). In these baseline projections …
Persistent link: https://www.econbiz.de/10012794562
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Labor Market Institutions and the Distribution of Wages, 1973-1992 : A Semiparametric Approach
DiNardo, John - 1995
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/10012473794
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Riester Pensions in Germany : Design, Dynamics, Targetting Success and Crowding-In
Börsch-Supan, Axel H. - 2012
Riester pensions are voluntary, but heavily subsidized private pension schemes in Germany. They were designed as a …
Persistent link: https://www.econbiz.de/10012460645
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Pension Reforms and Inequality in Germany : Micro-Modelling
Börsch-Supan, Axel; Rausch, Johannes; Salerno, Luca - National Bureau of Economic Research - 2024
Germany, like many other countries, has undergone a series of pension reforms since the 1980s which generally decreased …
Persistent link: https://www.econbiz.de/10015056120
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Spillover Effects from Voluntary Employer Minimum Wages
Derenoncourt, Ellora; Noelke, Clemens; Weil, David; … - National Bureau of Economic Research - 2021
Low unionization rates, a falling real federal minimum wage, and outsourcing have hampered wage growth in the low-wage sector in the US. In recent years, a number of private employers have opted to institute or raise company-wide minimum wages for their employees, sometimes in response to public...
Persistent link: https://www.econbiz.de/10012660103
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Who Pays for and Who Benefits from Minimum Wage Increases? Evidence from Israeli Tax Data on Business Owners and Workers
Drucker, Lev - 2019
A key goal of a higher minimum wage is income redistribution towards low-income families. Existing research on the minimum wage focuses on the impact on affected workers, but is silent on the incomes of the owners of businesses who pay for a higher minimum wage. Higher minimum wages will do more...
Persistent link: https://www.econbiz.de/10012480515
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Minimum Wages and Firm Profitability
Draca, Mirko - 2008
Although there is a large literature on the economic effects of minimum wages on labour market outcomes (especially employment), there is much less evidence on their impact on firm performance. In this paper we consider a very under-studied area - the impact of minimum wages on firm...
Persistent link: https://www.econbiz.de/10012464650