Showing 1 - 10 of 1,565
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
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
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
structure and the positions of workers within it: (a) workers' own absolute wages, (b) workers' conditional internal reference … wages within firms, (c) the conditional wage dispersion in firms, and (d) workers' conditional external reference wages …
Persistent link: https://www.econbiz.de/10012140308
In this paper we investigate the recent fall in unemployment, and the rise in part-time work, labour market participation, inequality and welfare in Germany. Unemployment fell because the Hartz IV reform induced a large fraction of the long-term unemployed to deregister as jobseekers and appear...
Persistent link: https://www.econbiz.de/10011821427
In this paper we investigate the recent fall in unemployment, and the rise in part-time work, labour market participation, inequality and welfare in Germany. Unemployment fell because the Hartz IV reform induced a large fraction of the long-term unemployed to deregister as jobseekers and appear...
Persistent link: https://www.econbiz.de/10011844182
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
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