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minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …
Persistent link: https://www.econbiz.de/10010234542
youth employment and education in Turkey. Using a regression discontinuity design in tandem with a difference …, while the likelihood of transitioning into "neither in employment nor in education and training" (NEET) category notably …
Persistent link: https://www.econbiz.de/10012659487
employment and education. Using a regression discontinuity design in tandem with a difference-in-discontinuities analysis, we … unemployment increases approximately 2 percentage points. We also document that the minimum wage hike does not generate a major … change in high school enrollment, while the likelihood of transitioning into "neither in employment nor in education and …
Persistent link: https://www.econbiz.de/10012389875
unemployment on the level of regional labor markets. Using variation in the regional exposure to the new wage floor, we employ a … difference-in-differences approach that compares the evolution of employment and unemployment between regions with varying … reduction is not accompanied by a proportional increase in unemployment. …
Persistent link: https://www.econbiz.de/10011989134
This paper uses minimum wage hikes to evaluate the susceptibility of low-wage employment to technological substitution. We find that automation is accelerating and supplanting a broader set of low-wage routine jobs in the decade since the Financial Crisis. Simultaneously, low-wage interpersonal...
Persistent link: https://www.econbiz.de/10012251904
During the last decade, unemployment in Greece climbed up to 28%, almost quadrupling due to the economic crisis that … hit Greece. In the present paper, we examine the determinants of the unemployment dynamics and the impact of the minimum … wage on the probability of making a transition into and out of unemployment. We use micro-level data from the Greek Labour …
Persistent link: https://www.econbiz.de/10012622888
During the last decade, unemployment in Greece climbed up to 28%, almost quadrupling due to the economic crisis that … hit Greece. In the present paper, we examine the determinants of the unemployment dynamics and the impact of the minimum … wage on the probability of making a transition into and out of unemployment. We use micro-level data from the Greek Labour …
Persistent link: https://www.econbiz.de/10013198902
employment and education. Using a regression discontinuity design in tandem with a difference-in-discontinuities analysis, we … unemployment increases approximately 2 percentage points. We also document that the minimum wage hike does not generate a major … change in high school enrollment, while the likelihood of transitioning into "neither in employment nor in education and …
Persistent link: https://www.econbiz.de/10013314724
In contrast to common theoretical expectations, the negative employment effects of minimum wages have mostly been found to be small or insignificant by empirical studies. In order to explain these findings, we use a labor market model that is based on the insight that market wages may be...
Persistent link: https://www.econbiz.de/10014090954
investments in education and other human capital development and sustain total factor productivity gains. These objectives require …
Persistent link: https://www.econbiz.de/10010380426