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Youth Minimum Wage Reform and the Labour Market
Hyslop, Dean; Stillman, Steven - 2004
This paper analyses the effects of a large reform in the minimum wages affecting youth workers in New Zealand since … 2001. Prior to this reform, a youth minimum wage, applying to 16-19 year-olds, was set at 60% of the adult minimum. The … reform had two components. First, it lowered the eligible age for the adult minimum wage from 20 to 18 years, and resulted in …
Persistent link: https://www.econbiz.de/10012115555
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Minimum Wage Effects in the Longer Run
Neumark, David; Nizalova, Olena Y. - 2004
Exposure to minimum wages at young ages may lead to longer-run effects. Among the possible adverse longer-run effects are decreased labor market experience and accumulation of tenure, lower current labor supply because of lower wages, and diminished training and skill acquisition. Beneficial...
Persistent link: https://www.econbiz.de/10010276027
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Sources of displaced workers' long-term earnings losses
Lachowska, Marta; Mas, Alexandre; Woodbury, Stephen A. - 2017
We estimate the earnings losses of a cohort of workers displaced during the Great Recession and decompose those long-term losses into components attributable to fewer work hours and to reduced hourly wage rates. We also examine the extent to which the reduced earnings, work hours, and wages of...
Persistent link: https://www.econbiz.de/10012059530
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The causal effects of the minimum wage introduction in Germany: An overview
Caliendo, Marco; Schröder, Carsten; Wittbrodt, Linda - 2018
In 2015, Germany introduced a statutory hourly minimum wage that was not only universally binding but also set at a relatively high level. We discuss the short-run effects of this new minimum wage on a wide set of socio-economic outcomes, such as employment and working hours, earnings and wage...
Persistent link: https://www.econbiz.de/10011962202
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The Causal Effects of the Minimum Wage Introduction in Germany: An Overview
Caliendo, Marco; Schröder, Carsten; Wittbrodt, Linda - 2018
In 2015, Germany introduced a statutory hourly minimum wage that was not only universally binding but also set at a relatively high level. We discuss the short-run effects of this new minimum wage on a wide set of socio-economic outcomes, such as employment and working hours, earnings and wage...
Persistent link: https://www.econbiz.de/10011984603
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Non-monotonic employment effects by market structure and minimum wage level
Devereux, Kevin; Studnicka, Zuzanna - 2024
Minimum wages decrease employment in competitive markets, but can increase it in monopsonistic markets so long as they do not exceed the marginal product of labour. We find evidence of non-monotonicity both by market structure and minimum wage level. Minimum wage hikes initially increase hours...
Persistent link: https://www.econbiz.de/10014515205
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Firms' margins of adjustment to wage growth: The case of Italian collective bargaining
Devicienti, Francesco; Fanfani, Bernardo - 2021
This paper studies firms' adjustment behavior to the growth in labor costs induced by Italian collective bargaining institutions. Our research design compares several firms' outcomes across collective agreements within the same sector and geographic location, exploiting discontinuities in...
Persistent link: https://www.econbiz.de/10012609098
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Firms' Margins of Adjustment to Wage Growth: The Case of Italian Collective Bargaining
Devicienti, Francesco; Fanfani, Bernardo - 2021
This paper studies firms' adjustment behavior to the growth in labor costs induced by Italian collective bargaining institutions. Our research design compares several firms' outcomes across collective agreements within the same sector and geographic location, exploiting discontinuities in...
Persistent link: https://www.econbiz.de/10012658111
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Comparing the effectiveness of employment subsidies
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2010
This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We consider measures involving targeting workers with...
Persistent link: https://www.econbiz.de/10011453727
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Comparing the effectiveness of employment subsidies
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2006
This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We consider measures involving targeting workers with...
Persistent link: https://www.econbiz.de/10010277977