Showing 1 - 10 of 5,401
The principal justification for minimum wage legislation resides in improving the economic condition of low-wage workers. Most previous analyses of the distributional effects of minimum wages have been confined to simulation exercises employing rather restrictive assumptions that guarantee the...
Persistent link: https://www.econbiz.de/10010297601
While the employment effects of minimum wages are usually reported to be small (suggesting low substitutability between skill types), direct estimates suggest a much larger degree of substitutability. This paper argues that this paradox is largely due to a bias induced by the aggregation of...
Persistent link: https://www.econbiz.de/10010324516
There has been much attention for the causes of the increase in wageinequality in the United States since the mid seventies. DiNardo,Fortin, and Lemieux (1996) showed that minimum wages can explain 25%. The present paper uses a more general approach requiring noassumptions on how minimum wages...
Persistent link: https://www.econbiz.de/10010324600
We provide updated evidence on the effects of living wage laws in U.S. cities, relative to the earlier research covering only the first six or seven years of existence of these laws. There are some challenges to updating the evidence, as the CPS data on which it relies changed geographic coding...
Persistent link: https://www.econbiz.de/10010332003
A central issue in estimating the employment effects of minimum wages is the appropriate comparison group for states (or other regions) that adopt or increase the minimum wage. In recent research, Dube et al. (Rev Econ Stat 92:945-964, 2010) and Allegretto et al. (Ind Relat 50:205-240, 2011)...
Persistent link: https://www.econbiz.de/10011606558
Mindestlohn. Aber auch außerhalb der Europäischen Union, etwa in Kanada, Japan und den Vereinigten Staaten, sind gesetzliche … das verteilungspolitische Ziel, „Arbeit in Armut“ zu bekämpfen, durch einen branchenspezifischen Mindestlohn nicht …
Persistent link: https://www.econbiz.de/10011633144
This contribution focuses on the relation between wage inequality, participation behavior and employment and the analysis in the project 'Flexibility of the wage distribution, inequality and employment'. In this project we investigate whether the popular idea of an encrusted German labor market...
Persistent link: https://www.econbiz.de/10011650727
This paper examines the effect of minimum wage changes on local aggregate inflation and consumption growth. The paper utilizes variation in state-level minimum wages across locations and finds that minimum wage increases have a relatively modest effect on both city-level inflation and spending...
Persistent link: https://www.econbiz.de/10012059582
. Erste Evaluationsergebnisse zeigen, dass der Mindestlohn in Deutschland nur einen moderaten Beschäftigungsverlust nach sich … wird, den Mindestlohn mit Augenmaß und unter Berücksichtigung bestehender Evidenz zu erhöhen, werden Mindestlöhne in … Großbritannien und den USA teilweise über die bisherigen empirischen Erfahrungen hinaus angehoben. …
Persistent link: https://www.econbiz.de/10011875502
Becker?s theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10010262588