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This paper investigates whether the minimum wage leads to inefficient job rationing. By not allowing wages to clear the labor market, the minimum wage could cause workers with low reservation wages to be rationed out while equally skilled workers with higher reservation wages are employed. This...
Persistent link: https://www.econbiz.de/10013317142
Marginal employment, so-called Minijobs, represent a significant part of the dependent employment in Germany. In 20121 and 2016 the RWI conducted a survey and interviewed marginally employed workers and employers with marginally employed workers in North Rhine-Westphalia. The results of the...
Persistent link: https://www.econbiz.de/10012258858
Although the sectors and fraction of workers covered are small given the low rates of formality and urbanization in Sub-Saharan Africa (SSA), as the number of covered workers grows wage regulation will become increasingly significant. We find that higher minimum wage values are associated with...
Persistent link: https://www.econbiz.de/10011307948
Although the sectors and fraction of workers covered are small given the low rates of formality and urbanization in Sub-Saharan Africa (SSA), as the number of covered workers grows wage regulation will become increasingly significant. We find that higher minimum wage values are associated with...
Persistent link: https://www.econbiz.de/10013016289
The purpose of this article is to evaluate the effect of the newly increased minimum wage, as per the Fair Labor Standards Act, on the unemployment rate. While Congress executed the Act to help lower class workers, they executed it negligently in a recession that has been intense and ongoing....
Persistent link: https://www.econbiz.de/10013146694
According to federal law in 2013, employers can take a credit of up to $5.13 for tips received by workers in satisfying the minimum wage requirement of $7.25. This study uses interstate variation in laws regarding tip credits and minimum wages to identify the effects of reducing or eliminating...
Persistent link: https://www.econbiz.de/10013080093
The paper examines the effects of the age-differentiated decreases in the minimum wage which Greece implemented in 2012, and which involved the introduction of a subminimum wage as a result of the reduction of the minimum wage by 22% for workers aged 25 and above, and by 32% for those aged less...
Persistent link: https://www.econbiz.de/10011921979
Most "wage curve" studies treat local labour markets as independent "islands" in the national economy. However, when a local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to lower pay rates if employers fear outward migration...
Persistent link: https://www.econbiz.de/10011335216
Die Verbreitung des Coronavirus konnte bisher nicht gestoppt werden, die Pandemie verläuft in mehreren Wellen, und nach gut einem Jahr ist noch kein Ende in Sicht. Wie blicken Unternehmen auf das zurückliegende Jahr? Dieser Beitrag stellt die Ergebnisse einer Umfrage unter Manager*innen...
Persistent link: https://www.econbiz.de/10012521370
The twin problem of in-work poverty and persistent labour market difficulties of low-skilled individuals has been one of the most important drivers of tax-benefit policy reforms in OECD countries in recent years. Employment-conditional cash transfers to individuals facing particular...
Persistent link: https://www.econbiz.de/10003936137