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wage workers could pass on any resulting higher labour costs in the form of higher prices. This study looks at the effects … of the introduction and subsequent uprating of the minimum wage on the prices of UK goods and services, comparing the … prices of goods produced by industries in which UK minimum wage workers make up a substantial share of total costs with the …
Persistent link: https://www.econbiz.de/10010271255
This paper focuses on the role of minimum wages, tax and benefit policies in protecting workers against financial poverty, covering 21 European countries with a national minimum wage and three US States (New Jersey, Nebraska and Texas). It is shown that only for single persons and only in a...
Persistent link: https://www.econbiz.de/10010282582
stores, and the after-tax price dispersion. Using an unbalanced panel of weekly prices for 553 stores throughout Mexico, we …In January 2014, Mexico addressed its epidemic of obesity by implementing an excise tax of 1 peso (1 MXN) per liter on …
Persistent link: https://www.econbiz.de/10013205109
boldest interventions in the recent history of Mexico and the rest of the world: the Northern Border Free Zone (NBFZ …). Launched in January 2019, this program doubles the minimum wage and substantially lowers taxes in 43 municipalities along the …
Persistent link: https://www.econbiz.de/10014553741
This paper examines the set of interdependences between the formation of wages, prices and the minimum wage (SMIC …. Two periods are distinguished: the period of inflation rise from 1970 to 1981, which coincides with an important squeeze … persistent in real terms and relatively to the other salaries and have always as little inflationary impact on wages as on prices. …
Persistent link: https://www.econbiz.de/10010261586
We examine the effect of the minimum wage on restaurant prices. We contribute to both the study of economic impact of … flexible (S; s) rule. We find a positive and significant impact of the minimum wage on prices. The effect of the minimum wage … on prices is however very protracted. The aggregate impact estimated with our model takes more than a year to fully pass …
Persistent link: https://www.econbiz.de/10010269191
Inequality in Mexico rose between 1989 and 1994 and declined between 1994 and 2010. We examine the role of market …
Persistent link: https://www.econbiz.de/10010319793
In this research paper ARCH-type models are applied in order to estimate the Value-at-Risk (VaR) of an inflation …-index futures portfolio for several time-horizons. The empirical analysis is carried out for Mexican inflation-indexed futures … time horizons. These results have implications for short-term inflation forecasts. By estimating confidence intervals in …
Persistent link: https://www.econbiz.de/10010322620
We explore the welfare costs of inflation originating from lack of liquidity satiation for Weimar Republic …'s hyperinflation and three high-inflation countries. Towards the peak of Weimar's hyperinflation the costs are estimated to have been … equal to nearly 20 per cent of income. For Israel, Mexico, and Argentina the costs had been materially lower, but still in …
Persistent link: https://www.econbiz.de/10014494959
This paper examines the effect of minimum wage changes on local aggregate inflation and consumption growth. The paper … effect on both city-level inflation and spending growth over the years following the change. The most noticeable effects are …
Persistent link: https://www.econbiz.de/10012059582