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In this chapter reviews the literature and inform policy debates about the effects of minimum wages (MW) on income …
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abatement of pollution. A decline in average labor taxes reduces unemployment if it generates lower pretax wages. Pretax wages … replacement ratio, and unions are willing to accept lower pretax wages because the net income loss from employment increases … progressivity. Economic theory suggests that higher progressivity could reduce unemployment. Suppose that wages are bargained over …
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patents, information and communication technology (ICT) capital usage, and robot intensity - on average wages and labour … technologies have a generally limited impact on wages and labour income shares. …
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wages for 26 European economies. To ease comparisons we make use of the European Union Statistics on Income and Living … Conditions inquiry released in 2009. The premium is found to be higher at the right tail of the distribution of wages, suggesting …
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