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A number of recent empirical studies have found no evidence that the minimum wage adversely affects employment. Explanations for such non-negative estimates include new theoretical approaches, empirical identification and data issues. In this paper we examine the robustness of such estimates to...
Persistent link: https://www.econbiz.de/10005579427
Following the early 1980s apparent consensus, there has been a controversial debate in the literature over the direction of the minimum wage employment effect. Explanations to nonnegative effects range from theoretical to empirical identification and data issues. An explanation, however, that...
Persistent link: https://www.econbiz.de/10005763846
Following the early 1980s apparent consensus, there has been a controversial debate in the literature over the direction of the minimum wage employment effect. Explanations to non-negative effects range from theoretical to empirical identification and data issues. An explanation, however, that...
Persistent link: https://www.econbiz.de/10005230651
1982 to 2000. Robust results indicate that the minimum wage raises overall prices in Brazil. …
Persistent link: https://www.econbiz.de/10005385081
results indicate that the minimum wage raises overall prices in Brazil. The resulting inflation is two times higher for the … indicate that the minimum wage raises overall prices in Brazil. The resulting inflation is two times higher for the poor than …
Persistent link: https://www.econbiz.de/10005422726
Several minimum wage variables have been suggested in the literature to estimate the effect of the minimum wage on employment. The most common ones are the real minimum wage, the 'Kaitz index', the 'fraction affected', the 'fraction at' and the 'fraction below'. This diversity of variables makes...
Persistent link: https://www.econbiz.de/10004966618
This paper assesses the implementation of IMF-supported programs using measures of program interruptions, compliance with conditionality, and the share of committed funds disbursed. The econometric model allows an evaluation of the importance for program implementation of political conditions in...
Persistent link: https://www.econbiz.de/10005605139
Sweden is a very egalitarian country but inequalities have risen and some groups are poorly integrated into the labour market. For growth to become more inclusive, the gap between the cost of labour and productivity for some groups needs to be reduced, transitions from education to work should...
Persistent link: https://www.econbiz.de/10011276884
With high unemployment, low participation of specific groups such as the low-skilled and those nearing retirement age, and relatively low average hours worked, France is far from using its full labour potential. Improving the labour market situation would not only increase living standards and...
Persistent link: https://www.econbiz.de/10005045744
It is well established in the literature that minimum wage increases compress the wage distribution. Firms respond to these higher labour costs by reducing employment, reducing profits, or raising prices. While there are hundreds of studies on the employment effect of the minimum wage, there are...
Persistent link: https://www.econbiz.de/10005422707