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Minimum wage and informality in Ecuador
Canelas, Carla - 2014
This paper investigates if changes in the minimum wage have influenced changes on the formality and informality rates, and the level of wages in Ecuador. A 12-year panel was built. It allows to overcome the short time span of household data and so to characterize changes over time. Results...
Persistent link: https://www.econbiz.de/10010228735
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Monopsonistic competition, low-wage labour markets, and minimum wages : an empirical analysis
Bachmann, Ronald; Frings, Hanna - 2016
This paper investigates the degree of monopsony power of employers in different industries against the background of a statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a dynamic model of monopsonistic competition. The...
Persistent link: https://www.econbiz.de/10011480762
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Joint oligopoly-oligopsony model with wage markdown power
Tong, Jian; Ornaghi, Carmine - 2022 - Revised January 2022
Persistent link: https://www.econbiz.de/10013164756
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A parsimonious macroeconomic ABM for labor market regulations
Ates, Caner; Maringer, Dietmar G. - 2021
The literature on macroeconomic agent-based models (MABMs) has gained growing attention since the early 2000s. Most MABMs dealing with market regulations have been focusing on the financial market. In contrast, only a small number of MABMs investigate the effects of labor market regulations. In...
Persistent link: https://www.econbiz.de/10012797537
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On the Inefficiency of Non-Competes in Low-Wage Labor Markets
Potter, Tristan; Hobijn, Bart; Kurmann, André - 2022
Persistent link: https://www.econbiz.de/10012807341
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Minimum wages in concentrated labor markets
Popp, Martin - 2021
wages with theory. However, systematic evidence for themonopsony argument is scarce. In this paper, I perform a … comprehensive test of monop-sony theory by using labor market concentration as a proxy for monopsony power. Labormarket …
Persistent link: https://www.econbiz.de/10012793056
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Minimum wages in concentrated labor markets
Popp, Martin - 2021
wages with theory. However, systematic evidence for the monopsony argument is scarce. In this paper, I perform a … comprehensive test of monopsony theory by using labor market concentration as a proxy for monopsony power. Labor market … ökonomischen Theorie in Einklang zu bringen. In der Literatur finden sich jedoch kaum systematische Belege für das Monopson …
Persistent link: https://www.econbiz.de/10012795776
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Minimum wages in monopsonistic labor markets
Corella, Luis Felipe Munguia - In: IZA Journal of Labor Economics 9 (2020) 1/7, pp. 1-28
Over the last 30 years, researchers have disputed the mixed evidence of the effect of the minimum wage on teenage employment in the United States. Whenever the minimum wage has positive or no effects on employment, they appeal to monopsony models to explain their results. However, very few of...
Persistent link: https://www.econbiz.de/10012391092
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The evolution of technological substitution in low-wage labor markets
Aaronson, Daniel; Phelan, Brian J. - 2020
This paper uses minimum wage hikes to evaluate the susceptibility of low-wage employment to technological substitution. We find that automation is accelerating and supplanting a broader set of low-wage routine jobs in the decade since the Financial Crisis. Simultaneously, low-wage interpersonal...
Persistent link: https://www.econbiz.de/10012251904
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Monopsonistic competition, low-wage labour markets, and minimum wages : an empirical analysis
Bachmann, Ronald; Frings, Hanna - In: Applied economics 49 (2017) 51, pp. 5268-5286
Persistent link: https://www.econbiz.de/10011845103