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Theoretical work on minimum wage policy emphasizes labor market dynamics, but the resulting implications for worker mobility remain largely untested. We show that in the teenage labor market minimum wages reduce worker flows and increase job stability. Furthermore, we find that the employment...
Persistent link: https://www.econbiz.de/10013064356
We study the entry into legitimate employment and earnings of a large sample of convicts released from Hungarian prisons in 2002-08. The employment rate of the prisoners falls short of 20% one year before incarceration, and they earn 25% below the national average. We identify the effect of...
Persistent link: https://www.econbiz.de/10011417293
Based on administrative data from the federal employment office in Germany, we apply matching techniques to estimate the stepping-stone function of temporary agency work for the unemployed, i.e. its short-run and long-run effects on their future employment prospects. Our results show that...
Persistent link: https://www.econbiz.de/10003148187
In this paper I hypothesize and find that both shareholder rights and debt have significant effects on firm-employee relationships. I find that, consistent with ineffective resource management, firms with weaker governance have more employees per assets and are more likely to hire due to sales...
Persistent link: https://www.econbiz.de/10013121530
This study assesses the level of inclusiveness of the extraordinary growth experienced by Bolivia from 2006 to 2019 in terms of decent jobs generation in urban areas and by gender. We use the Ali and Son (2007) concentration of opportunities curves, the Cameron and Trivedi (2005) Bootstrap...
Persistent link: https://www.econbiz.de/10014438578
Dube, Lester and Reich (2010, DLR), using state minimum wage discontinuities across bordering counties and Quarterly Census of Employment and Wages data, did not detect negative minimum wage effects on restaurant employment. Jha, Neumark and Rodriguez-Lopez (2024, JNR) claim that looking within...
Persistent link: https://www.econbiz.de/10015072844
Persistent link: https://www.econbiz.de/10011694334
This paper investigates how immigration can affect the labor market outcomes of native workers when their wages are rigid. I use a rich dataset for France and decompose the native workers according to whether they are covered by fixed-term or indefinite-term contracts. Indefinite-term contracts...
Persistent link: https://www.econbiz.de/10011586058
The macroeconomic principles behind the Swedish model were developed by two trade union economists, Gösta Rehn and Rudolf Meidner, shortly after World War II. The model’s economic and wage policy represents a unique third way between keynesianism and monetarism in its approach to combine full...
Persistent link: https://www.econbiz.de/10005648656
Standard economic wisdom generally stresses the benefits of increased competition on the product market. This paper proposes a model of monopolistic competition with an endogenous determination of workers' flows in and out of unemployment, where wages are determined according to an efficiency...
Persistent link: https://www.econbiz.de/10013321007