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Policy levers to increase jobs and increase income from work after the Great Recession
Neumark, David - 2015
, 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 …. These concerns have spurred serious consideration of policies to encourage job creation and higher income from work beyond …
Persistent link: https://www.econbiz.de/10011388328
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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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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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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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Minimum Wage and Unemployment : Evidence from Russia
Khan Ten, Gi - 2020
informalization of the economy induced by the intervention, the findings show limited income effects of the policy …
Persistent link: https://www.econbiz.de/10012832809
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Effects of the minimum wage on US county labor markets
Otterby, Dawn; Crawley, Andrew; Gabe, Todd M. - In: Regional science policy and practice : RSPP 16 (2024) 5, pp. 1-10
This study investigates the impacts of the minimum wage on U.S. regional labor markets. Using ten years of county-level data, we examine the relationship between the minimum wage and several key components of the labor market. Following past research, the number of people in the labor force is...
Persistent link: https://www.econbiz.de/10014582379
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Job protection renders minimum wages less harmful
Schöb, Ronnie; Thum, Marcel - 2011
Individual labour productivities are often unobservable for firms when hiring new workers. Job protection may prevent firms ex post from using information about labour productivities. We show that a binding minimum wage introduced in the presence of job protection will lead to lower unemployment...
Persistent link: https://www.econbiz.de/10009302708
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The job guarantee : design, jobs, and implementation
Tcherneva, Pavlina R. - 2018
The job guarantee (JG) is a public option for jobs. It is a permanent, federally funded, and locally administered …. While it is first and foremost a jobs program, it has the potential to be transformative by advancing the public purpose and …
Persistent link: https://www.econbiz.de/10011816870
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The UK labour market and the 2008 - 2009 recession
Gregg, Paul; Wadsworth, Jonathan - 2010
The recession of 2008-2009 inflicted a larger cumulative loss of UK output than any of the other post-war recessions. Nevertheless, employment rates remained higher than might have been expected given the experience of previous recessions. The main reasons for this appear to be a combination of...
Persistent link: https://www.econbiz.de/10003973882
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To shape the future : how labor market entry conditions affect individuals s long-run wage profiles
Brunner, Beartice; Kuhn, Andreas - 2009
We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals entering the Austrian labor market between 1978 and 2000. We find a robust negative effect of unfavorable entry conditions on starting wages. This initial effect turns out to be quite...
Persistent link: https://www.econbiz.de/10011343912