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minimum wages give rise to skills inequality: a rise in the minimum wage leads to less training for low-ability workers and …
Persistent link: https://www.econbiz.de/10003373639
interactions influence skills inequality. We derive how the influence of one of the institutional variables above is affected by … other institutional variables with respect to inequality skills arising from firm-provided training. We derive several … striking results, such as: (a) the minimum wage and unemployment benefits generate increasing skills inequality whereas firing …
Persistent link: https://www.econbiz.de/10003501785
This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...
Persistent link: https://www.econbiz.de/10009765032
This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...
Persistent link: https://www.econbiz.de/10009753769
Persistent link: https://www.econbiz.de/10009759866
We explore the far-reaching implications of low-wage subsidies on aggregate employment. Low-wage subsidies have three important effects. First, they promote employment of unskilled workers (who tend to be the ones who earn low wages). Second, by raising the payoff of unskilled work relative to...
Persistent link: https://www.econbiz.de/10003367983
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