Showing 1 - 10 of 1,631
This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings … Costa Rica. This country?s large uncovered sector and complex minimum wage policy, which has for decades set numerous wages … minimum wages. We find that legal minimum wages have a significant positive effect on the wages of workers in the covered …
Persistent link: https://www.econbiz.de/10010261907
by rigorously addressing the question as to whether changes in minimum wages can change the inequality of the … wages in the 1980s and 1990s acted as a countervailing force to the unequalizing effect of globalization. Using annual data … on workers from the 1987-1997 household surveys, it is shown that changes in the legal minimum wages did indeed have an …
Persistent link: https://www.econbiz.de/10010261908
US earnings inequality has increased dramatically since the 1970s, and the prospect of a reversal depends on what caused the trend. The standard explanation emphasizes skill-biased technical change. This paper briefly considers some aggregation issues and then proceeds to outline two alternative...
Persistent link: https://www.econbiz.de/10008758088
the real minimum wage for 16-19-year-old workers. We review the motivations for minimum wages and the changes and analyse … how they have affected workers outcomes. We find that the minimum wage now strongly determines the wages of teenage … minimum wage workers are broadly spread across the household income distribution, we conclude that minimum wages are largely …
Persistent link: https://www.econbiz.de/10012517238
Measuring the effects minimum wages have on wage inequality and employment is complex, and troubled by endogeneity … issues. We use a large longitudinal dataset and sectoral minimum wage variation to analyse trends in minimum wages and wage …’s representatives prefer increasing lower wages over higher wages. This paper explores several hypotheses that could explain this …
Persistent link: https://www.econbiz.de/10012243787
by minimum wages, without which we expect wage growth there would have resembled the weaker growth of the middle of the …
Persistent link: https://www.econbiz.de/10012216449
This paper investigates the role of individual incentive (II) and group incentive (GI) pay as determinants of worker separation. We use a large linked employer-employee panel data set for full-time male manufacturing workers during 1997-2006 from Finland. We follow actual job spells and switches...
Persistent link: https://www.econbiz.de/10012945428
Using new data from the Understanding Society: COVID 19 survey collected in April 2020, we show how the aggregate shock caused by the pandemic affects individuals across the distribution. The survey collects data from existing members of the Understanding Society panel survey who have been...
Persistent link: https://www.econbiz.de/10012832434
Using new data from the Understanding Society: COVID 19 survey collected in April 2020, we show how the aggregate shock caused by the pandemic affects individuals across the distribution. The survey collects data from existing members of the Under-standing Society panel survey who have been...
Persistent link: https://www.econbiz.de/10012226071
This paper quantifies the impact of borrowing constraints on consumption and earnings inequality in a life-cycle model with labor market search and endogenous human capital accumulation. I first show that following an unemployment spell, likely-constrained workers in the Survey of Income and...
Persistent link: https://www.econbiz.de/10011963363