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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/10010238837
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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/10010369825
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Policy levers to increase jobs and increase income from work after the Great Recession
Neumark, David - 2015
The depth of the Great Recession, the slow recovery of job creation, the downward trend in labor force participation, 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...
Persistent link: https://www.econbiz.de/10011388328
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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/10011978325
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Offshoring and labor markets
Hummels, David; Munch, Jakob Roland; Chong, Xiang - 2016
In this paper we survey the recent empirical literature on the effects of offshoring on wage, employment and … displacement. We start with an overview of the measurement of offshoring, organizing our discussion around the three key elements … of offshoring: that it involves intermediate inputs for production (vs. final goods for consumption); that it involves …
Persistent link: https://www.econbiz.de/10011452576
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Offshoring and Labor Markets
Hummels, David L. - 2016
In this paper we survey the recent empirical literature on the effects of offshoring on wage, employment and … displacement. We start with an overview of the measurement of offshoring, organizing our discussion around the three key elements … of offshoring: that it involves intermediate inputs for production (vs. final goods for consumption); that it involves …
Persistent link: https://www.econbiz.de/10012997459
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Great Expectations: Past Wages and Unemployment Durations
Böheim, René; Horvath, Gerard Thomas; Winter-Ebmer, Rudolf - 2010
Decomposing wages into worker and firm wage components, we find that firm-fixed components (firm rents) are sizeable parts of workers' wages. If workers can only imperfectly observe the extent of firm rents in their wages, they might be mislead about the overall wage distribution. Such...
Persistent link: https://www.econbiz.de/10010294904
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Employed and unemployed search: The marginal willingness to pay for attributes in Lithuania, the US and the Netherlands
van Ommeren, Jos; Hazans, Mihails - 2003
This paper introduces a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Worker's willingness to pay to avoid a temporary contract, which increases the risk of becoming unemployed, is derived for Lithuania. The empirical...
Persistent link: https://www.econbiz.de/10010301216
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What Determines the Reservation Wages of Unemployed Workers? New Evidence from German Micro Data
Prasad, Eswar S. - 2003
This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and macroeconomic factors – including aggregate and local unemployment rates, generosity of the unemployment compensation system and characteristics of the wage structure – as well...
Persistent link: https://www.econbiz.de/10010262105
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Work, jobs and well-being across the millennium
Clark, Andrew E. - 2009
This paper uses repeated cross-section data ISSP data from 1989, 1997 and 2005 to consider movements in job quality. It is first underlined that not having a job when you want one is a major source of low well-being. Second, job values have remained fairly stable over time, although workers seem...
Persistent link: https://www.econbiz.de/10010269197