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horizon (3 years). The employment effects of this policy are estimated using a synthetic control approach on Labour Force … past the 15th percentile, but not all remained employed. Employment losses were found mostly among younger workers, at … magnitudes similar to previous elasticities. Newer to the literature, regional employment losses were found mostly outside of …
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considerably higher exit rates from exporting to the UK and from the market overall. They also saw greater declines in employment …
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Minimum wages decrease employment in competitive markets, but can increase it in monopsonistic markets so long as they … sign of the minimum wage's employment effects. …
Persistent link: https://www.econbiz.de/10014507670
enforcement and penalties for non-compliance such that employment will not fall for any optimising firm, irrespective of their … productivity. Low productivity firm's optimal choice of employment and wage will be unaffected by the introduction of the minimum … wage. High productivity firms comply so that wage and employment effects are non-negative for these firms. …
Persistent link: https://www.econbiz.de/10012663184
Monopsonists suppress employment and wages so as to avoid matching higher wages to their existing employees. Minimum … and employment. However, once the minimum wage exceeds the marginal product of labour, employment effects become negative …
Persistent link: https://www.econbiz.de/10014279230
workers moving out of employment, workers moving into employment, and workers continuing in employment. We estimate the … to control for possible employment effects. We find that minimum wage increases do not result in an abnormal … concentration of Job Leavers below the new minimum wage, which is inconsistent with employment effects predicted by a neoclassical …
Persistent link: https://www.econbiz.de/10014380825