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This paper studies how minimum wages affect the wage distribution if firms face financial constraints. Using German employer-employee data and firm balance sheets, we document that the within-firm wage dispersion decreases more with higher minimum wages when firms are financially constrained. We...
Persistent link: https://www.econbiz.de/10014365430
unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …
Persistent link: https://www.econbiz.de/10012851339
unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …
Persistent link: https://www.econbiz.de/10012851712
unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …
Persistent link: https://www.econbiz.de/10011878536
unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …
Persistent link: https://www.econbiz.de/10011879040
regional unemployment. Consequently, using detail individual data from 2004/2005, we analyze the annual hikes in the minimum … probabilities. Our results reveal that the minimum wage has had a significant impact on increasing regional unemployment and …
Persistent link: https://www.econbiz.de/10010322179
We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … exercises suggest that redundancy transfers and administrative dismissal restrictions have negligeable unemployment effects when … wages are flexible or when the minimum wage is low, but a dramatic positive impact on unemployment when there is a high …
Persistent link: https://www.econbiz.de/10010262316
regional unemployment. Consequently, using detail individual data from 2004/2005, we analyze the annual hikes in the minimum … probabilities. Our results reveal that the minimum wage has had a significant impact on increasing regional unemployment and … reducing the employment probabilities of low-paid workers. -- minimum wage ; employment probability ; unemployment …
Persistent link: https://www.econbiz.de/10003823893
low wages to this individual unemployment to signal a high reservation wage. -- strategic unemployment ; asymmetric …
Persistent link: https://www.econbiz.de/10003892041
der Arbeitslosigkeit zur Folge hat. -- search friction ; labor market transitions ; wages …
Persistent link: https://www.econbiz.de/10003874124