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On the Optimality of a Minimum Wage:New Insights from Optimal Tax Theory

Hungerbühler, Mathias; Lehmann, Etienne - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We build a theoretical model to study whether a minimum wage can be welfare-improving if itis implemented in conjunction with an optimized nonlinear income tax. We consider this issuein a framework where search frictions on the labor market generate unemployment. Workersdiffer in productivity...

Persistent link: https://www.econbiz.de/10005862337

Optimal Taxation and Monopsonistic Labor Market:Does Monopsony Justify the Minimum Wage?

Cahuc, Pierre; Laroque, Guy - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We analyze optimal taxation in an economy with monopsonistic labor markets. Theindividuals, whose only decisions are whether to work, or not, have heterogeneousproductivities and opportunity costs of work. Given its preferences for redistribution, thegovernment, which does not observe the...

Persistent link: https://www.econbiz.de/10005862338

National Minimum Wage - Low Pay Commission Report 2011

Great Britain / Low Pay Commission

The national minimum wage is an important cornerstone of Government strategy aimed at providing employees with decent minimum standards and fairness in the workplace. It applies to nearly all workers and sets hourly rates below which pay must not be allowed to fall. It helps business by ensuring...

Persistent link: https://www.econbiz.de/10005855993

Minimum Wages, Minimum Labour Costs andthe Tax Treatment of Low-Wage Employment

Immervoll, Herwig - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

International comparisons of minimum-wage levels have largely focused on the gross valueof minimum wages, ignoring the effects of taxation on both labour costs and the net incomeof employees. This paper presents estimates of the tax burdens facing minimum-wageworkers. These are used as a basis...

Persistent link: https://www.econbiz.de/10005863369

Impacts of Labor Taxation with Perfectly andImperfectly Competitive Domestic Labor Marketsunder Flexible Outsourcing

Koskela, Erkki - Institut zur Zukunft der Arbeit <Bonn> - 2009

-skilled labor andperfect competition in high-skilled labor in the presence of outsourcing? A higher degree oftax progression by …

Persistent link: https://www.econbiz.de/10009360617

Optimal Redistributive Taxation and Provision ofPublic Input Goods in an Economy withOutsourcing and Unemployment

Aronsson, Thomas; Koskela, Erkki - Institut zur Zukunft der Arbeit <Bonn> - 2009

abroad, and where outsourcing issubstitutable for domestic low-ability labor. Our results show that the incentives for … unemployment also constitutes an incentive to implement a tax on outsourcing.Without a direct instrument for taxing outsourcing …, the government may reduce the amount ofresources spent on outsourcing by increased provision of the public input good …

Persistent link: https://www.econbiz.de/10009360634

Do Legal Standards Affect Ethical Concerns of Consumers?

Engelmann, Dirk; Kübler, Dorothea - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2008

In order to address the impact of regulation on ethical concerns of consumers, westudy the e¤ect of a minimum wage. In our experimental market, consumers havemonopsony power, firms engage in Bertrand competition, and workers are passiverecipients of a wage payment. Two treatments are employed,...

Persistent link: https://www.econbiz.de/10005860748

Alternative Labor Market Policies to Increase Economic Self-Sufficiency : Mandating Higher Wages, Subsidizing Employment, and Raising Productivity

Neumark, David - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008

The principal means by which individuals and families achieve economic self-sufficiency is through labor market earnings. As a consequence, it is natural for policy makers to look to interventions that increase the ability of individuals and families to achieve an adequate standard of living...

Persistent link: https://www.econbiz.de/10005861120

The Elasticity of Labor Demand and the Minimum Wage

Danziger, Leif - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We show that, contrary to widespread belief, low-pay workers do not generally prefer that theminimum wage rate be increased until the labor demand is unitary elastic...

Persistent link: https://www.econbiz.de/10005861426

Turning a Blind Eye: Costly Enforcement,Credible Commitment and Minimum Wage Laws

Basu, Arnab K.; Chau, Nancy H.; Kanbur, Ravi - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

In many countries, non-compliance with minimum wage legislation is widespread, andauthorities may be seen as having turned a blind eye to a legislation that they havethemselves passed. But if enforcement is imperfect, how effective can a minimum wage be?And if non-compliance is widespread, why...

Persistent link: https://www.econbiz.de/10005862301