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Eurozone country would have evolved without adopting the Euro. We let this matching algorithm determine which combination of … other developed economies best resembles the pre-Euro path of twelve Eurozone economies. Our estimates suggest that there … show that for the majority of Eurozone countries, Euro spurred government consumption and deterred investment and private …
Persistent link: https://www.econbiz.de/10012838439
We quantify the effect of a minimum wage on compression throughout the earnings distribution. Using the case of Brazil, which experienced a large decrease in earnings inequality while its real minimum wage increased from 1996-2012, we document that the inequality decrease was bottom-driven yet...
Persistent link: https://www.econbiz.de/10011619641
Die Einführung des gesetzlichen Mindestlohns zum 1. Januar 2015 wurde zum Teil heftig kritisiert. Besonders der Hotellerie- und Gastronomiebereich sah gravierende Probleme auf sich zukommen. Die Erwartungen dieser Branche wurden in einer empirischen Untersuchung aufgrund einer umfassenden...
Persistent link: https://www.econbiz.de/10010520790
We study the distributional consequences of the Covid-19 pandemic's impacts on employment. Using CPS data on stocks and flows, we show that the pandemic has exacerbated pre-existing inequalities. Although employment losses have been widespread, they have been substantially larger in lower-paying...
Persistent link: https://www.econbiz.de/10012224341
On the 1st of January 2016 the Irish National Minimum Wage increased from €8.65 to €9.15 per hour, an increase of approximately six percent. We use a difference-in-differences estimator to evaluate whether the change in the minimum wage affected the hours worked and likelihood of job loss of...
Persistent link: https://www.econbiz.de/10011880306
Gut zwei Drittel aller Arbeitsstellen in Liechtenstein sind mit Ausländern besetzt. Der vorliegende Beitrag untersucht mögliche Auswirkungen der hohen Ausländerbeschäftigung auf Produktion, Wachstum und Verteilung in Liechtenstein. Unterschieden werden die drei Beschäftigungssegmente...
Persistent link: https://www.econbiz.de/10009613956
Labor market studies on the effects of minimum wages are typically confined to the sector or worker group directly affected. We present a two-sector search model in which one sector is more productive than the other one and thus, pays higher wages. In such a framework, setting a minimum wage in...
Persistent link: https://www.econbiz.de/10003811115
This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment regions). We suggest that the...
Persistent link: https://www.econbiz.de/10003775079
A minimum wage increase could lead to adverse employment effects for certain sub-groups of minimum wage workers, while leaving others unaffected. This heterogeneity could be overlooked in studies that examine the overall population of minimum wage workers. In this paper, we test for...
Persistent link: https://www.econbiz.de/10014356044
Women are more likely to work in jobs with low hours than men. Low-hour jobs are associated with lower hourly wages and are more likely impacted by minimum wages that set a floor on hourly wages. We document that the first German minimum wage significantly increased women's transition towards...
Persistent link: https://www.econbiz.de/10014330422