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This paper reexamines the relation between minimum wages and labor market outcomes for teenagers in the US. Economic theory suggests that real minimum wages drive labor market outcomes. Instead of the commonly used nominal minimum wages, we therefore use real minimum wages to examine this...
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The theoretical literature argues that labor markets outcomes are affected by real minimum wages. Real minimum wages, however, co-move with the business cycle; their correlation with labor market outcomes should therefore not be interpreted causally. We employ structural vector autoregression to...
Persistent link: https://www.econbiz.de/10012164678
This paper reexamines the relation between minimum wages and labor market outcomes for teenagers in the US. Economic theory suggests that real minimum wages drive labor market outcomes. Instead of the commonly used nominal minimum wages, we therefore use real minimum wages to examine this...
Persistent link: https://www.econbiz.de/10012435549
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Der Just Transition Fund (JTF) ist ein Förderinstrument der Europäischen Union. Ziel des JTF ist es, die sozioökonomischen Kosten des Übergangs zu einer klimaneutralen Wirtschaft abzufedern und die wirtschaftliche Diversifizierung und Umstellung der besonders betroffenen Gebiete zu...
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