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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
advantage of individual-level longitudinal data to observe the impacts of minimum wage changes on unemployment and labor force … determines unemployment and labor force participation. Specifically, the empirical strategy controls any fixed individual … increase in unemployment immediately following a minimum wage increase. In addition, it does not appear that employers are …
Persistent link: https://www.econbiz.de/10011978325
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Unemployment fluctuations with staggered nash wage bargaining
Gertler, Mark; Trigari, Antonella - 2006
Persistent link: https://www.econbiz.de/10003374747
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Why There is Debate over Labor Market Institutions : A Perspective on Long-Term Unemployment Rate
Ding, Hong - 2009
long-term unemployment rate (LUR) in order to alleviate endogeneity bias existed in the current literature on this topic … profound implication for institutions' impacts on standard unemployment rate and provide further evidence in support of …
Persistent link: https://www.econbiz.de/10012765605
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Labor Force Participation, Wage Rigidities, and Inflation
Nucci, Francesco - 2016
The fall in US labor force participation during the Great Recession stands in sharp contrast with its parallel increase in the euro area. In addition to structural forces, cyclical factors are shown to account for this phenomenon, with the participation rate being procyclical in the US from the...
Persistent link: https://www.econbiz.de/10012992530
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Labor force participation, wage rigidities, and inflation
Nucci, Francesco; Riggi, Marianna - 2016
Persistent link: https://www.econbiz.de/10011946001
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The vanishing procyclicality of labor productivity
Galí, Jordi; Rens, Thijs van - 2010
We document three changes in postwar US macroeconomic dynamics: (i) the procyclicality of labor productivity has vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real wage has risen. We propose an explanation for all three...
Persistent link: https://www.econbiz.de/10003996447
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The vanishing procyclicality of labor productivity
Galí, Jordi; Rens, Thijs van - 2010
We document three changes in postwar US macroeconomic dynamics: (i) the procyclicality of labor productivity has vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real wage has risen. We propose an explanation for all three...
Persistent link: https://www.econbiz.de/10008779865
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The Political Consequences of Unemployment
Saint-Paul, Gilles - 1999
summarized as showing that the very existence of unemployment generates political support for "sclerosis". This observation may …
Persistent link: https://www.econbiz.de/10014204769
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Long-term responses to large minimum wage shocks : sub-minimum and super-minimum workers in Slovenia
Laporšek, Suzana; Orazem, Peter F.; Vodopivec, Matija; … - 2019
This study examines long-term effects of a minimum wage increase using an innovative identification strategy based on categorising workers according to their predicted marginal revenue products. It finds that the increase had a large and persistent disemployment effects on low-paid workers and...
Persistent link: https://www.econbiz.de/10011977607
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The effect of minimum wage increases on wages, hours worked and job loss
Bishop, James - 2018
Persistent link: https://www.econbiz.de/10013262719