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Policy levers to increase jobs and increase income from work after the Great Recession
Neumark, David - In: IZA Journal of Labor Policy 5 (2016) 6, pp. 1-38
, high long-term unemployment, stagnant or declining wages for low-to-medium skill jobs owing to adverse labor demand shifts …, and a greater rebound in low-wage than mid- or higher-wage jobs raised concerns that the normal business cycle dynamics of … concerns have spurred serious consideration of policies to encourage job creation and higher income from work beyond the more …
Persistent link: https://www.econbiz.de/10011606588
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Raising Job Quality and Worker Skills in the US: Creating More Effective Education and Workforce Development Systems in States
Holzer, Harry J. - 2012
with education and training more clearly targeted towards firms and sectors providing good-paying jobs. This paper proposes …
Persistent link: https://www.econbiz.de/10010331396
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The minimum wage from a two-sided perspective
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010332009
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The Short-Run Effects of the Minimum Wage on Employment and Labor Market Participation: Evidence from an Individual-Level Panel
Boffy-Ramirez, Ernest - 2019
Neumark, Salas, and Wascher (2014) succinctly summarize the empirical challenges researchers of the minimum wage face: "the identification of minimum wage effects requires both a sufficiently sharp focus on potentially affected workers and the construction of a valid counterfactual control group...
Persistent link: https://www.econbiz.de/10012005838
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The Minimum Wage from a Two-Sided Perspective
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010377272
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Effects of the Minimum Wage on Infant Health
Wehby, George; Dave, Dhaval M.; Kaestner, Robert - 2016
The minimum wage has increased in multiple states over the past three decades. Research has focused on effects on labor supply, but very little is known about how the minimum wage affects health, including children's health. We address this knowledge gap and provide an investigation focused on...
Persistent link: https://www.econbiz.de/10011524970
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Measuring Labor Market Frictions: A Cross-Country Comparison
Ridder, Geert; van den Berg, Gerard J. - 2003
In this paper we define and estimate measures of labor market frictions using data on job durations. We compare different estimation methods and different types of data. We propose and apply an unconditional inference method that can be applied to aggregate duration data. It does not require...
Persistent link: https://www.econbiz.de/10010261551
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Employment, inequality and the UK national minimum wage over the medium-term
Dolton, Peter; Rosazza-Bondibene, Chiara; Wadsworth, … - 2010
This paper assesses the impact of the National Minimum Wage (NMW) on employment and inequality in the UK over the decade since its introduction in 1999. Identification is facilitated by using variation in the bite of the NMW across local labour markets and the different sized year on year up...
Persistent link: https://www.econbiz.de/10010274603
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Getting It Right: Employment Subsidy or Minimum Wage?
Strobl, Eric; Walsh, Frank A. - 2003
In monopsony models of the labour market either a minimum wage or an employment subsidy financed by a lump sum tax on profits can achieve the efficient level of employment and output. Incorporating working conditions into a monopsony model where higher wages raise firm labour supply, but less...
Persistent link: https://www.econbiz.de/10010277067
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Striking a bargain: Narrative identification of wage bargaining shocks
Budrys, Žymantas; Porqueddu, Mario; Sokol, Andrej - 2021
We quantify the effects of wage bargaining shocks on macroeconomic aggregates using a structural vector auto-regression model for Germany. We identify exogenous variation in bargaining power from episodes of minimum wage introduction and industrial disputes. This narrative information...
Persistent link: https://www.econbiz.de/10012661630