Minimum wage laws have become a key political issue, following on the heels of over 130 successful living wage campaigns around the country. In the debates surrounding these mandated wage floors, one recurring issue has been whether the legislation has wider-ranging impacts on wages than the...

The paper investigates the role of the minimum wage in a competitive economy in which there is underreporting of earnings by employed labour. The minimum wage induces higher compliance by some low- productivity workers and transforms a nominally neutral fiscal system into a regressive one. A...

We examine the variance-covariance structure of log-wages over time and over the lifecycle of British men from 1975 to 2001, hereby controlling for cohort effects. Wage inequality has risen sharply during the 1980’s and early 1990’s and remained fairly constant in the second half of the...

En este trabajo utilizamos datos administrativos para estudiar la brecha salarial entre empleados de los sectores público y privado en España, diferenciando por sexo, nivel de formación y tipo de contrato. Estimamos distribuciones salariales condicionadas por características observadas por...

In this thesis, we theoretically and experimentally analyze three aspects of labor markets. We first ask whether the introduction of a minimum wage not only increases the wages of workers who previously earned less than this minimum wage, but also of those who earned considerably more already....

transmitted to the Legislature February 15, 1915.

This dissertation is an empirical investigation into the distributive effects of overand under-education, defined as market outcomes such that some workers possess skills over or below those required at their jobs respectively. This type of market failure can arise in assignment and search...

We consider a labour market model of oligopsonistic wage competition and show that there is a holdup problem although workers do not have any bargaining power. When a firm invests more, it pays a higher wage in order to attract workers from competitors. Because workers participate in the returns...

Die Arbeit untersucht und vergleicht die Wirkung von Mindest- und Kombilöhnen (Lohnkostenzuschüsse und Transferzahlungen an Arbeitnehmer) in einem Arbeitsmarktmodell mit monopsonistischer Konkurrenz und freiem Marktzutritt für Firmen. Es wird die Wirkung beider Instrumente auf die Nutzen der...

To be competitive in the global economy, some argue that Latin American countries need to reduce or eliminate labor market regulations such as minimum wage legislation because they constrain job creation and hence increase poverty. On the other hand, minimum wage increases can have a direct...