Showing 1 - 10 of 2,549
New Zealand has seen dramatic changes in minimum wage policies since 2000. The adult minimum wage has increased 75% in CPI-adjusted real terms. In addition, the youth minimum wage was abolished in two stages, resulting in a 125% increase in the real minimum wage for 16-19-year-old workers. We...
Persistent link: https://www.econbiz.de/10012517238
The past thirty years have seen a dramatic decrease in the rate of income convergence across states and in population flows to wealthy places. These changes coincide with (1) an increase in housing prices in productive areas, (2) a divergence in the skill-specific real returns to living in...
Persistent link: https://www.econbiz.de/10014168902
Inequality in metropolitan areas is part of a paradoxical triangle of competing motives overresources allocation. Chief among inequality/equity rivals is the penchant for urban economicdevelopment, but in recent decades, ecological sustainability has also become increasinglyimportant in this...
Persistent link: https://www.econbiz.de/10013238271
A rise in the minimum wage may contribute to decrease earnings inequality by promoting larger wage increases for workers in the low tail of the wage distribution, but it may also increase inequality by promoting layoffs. This paper uses a semiparametric model to analyze the impact on inequality...
Persistent link: https://www.econbiz.de/10014070153
We use a simple labour demand framework with heterogeneous workers to evaluate the French 35-hour law impacts on inequality and employment. Our simulations result in a favourable effect of the 35-hour work week on employment levels, but unfavourable effects on working hours: job creations fall...
Persistent link: https://www.econbiz.de/10014070631
This paper explores a new theoretical and empirical approach to the assessment of human well-being, relevant to current challenges of social fragmentation in the presence of globalization and technological advance. We present two indexes of well-being - solidarity (S) and agency (A) - to be...
Persistent link: https://www.econbiz.de/10012178514
This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures involving targeting workers with low incomes/abilities and targeting the unemployed under the criteria of "approximate welfare efficiency" (AWE). Thereby we can identify policies...
Persistent link: https://www.econbiz.de/10013316994
We analyze the redistributive (dis)advantages of a minimum wage over income taxation in competitive labor markets. A minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low-skilled workers. A simple condition based on three sufficient...
Persistent link: https://www.econbiz.de/10010234542
The chapter examines how the various dimensions of economic inequality between men and women are analyzed today. Beyond the gender wage gap—a central issue—and of course the still far from equal sharing of housework, the chapter also reviews research on gender inequality in access to...
Persistent link: https://www.econbiz.de/10014025339
After a decade of strong progress toward the goal of reducing the high levels of income disparities, there are clear signs of a deceleration in the pace of inequality reduction in Latin America. This paper argues that the deceleration is the result of two set of reasons. First, several of the...
Persistent link: https://www.econbiz.de/10011459691