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, high long-term unemployment, stagnant or declining wages for low-to-medium skill jobs owing to adverse labor demand shifts …, and a greater rebound in low-wage than mid- or higher-wage jobs, raised concerns that the normal business cycle dynamics …. These concerns have spurred serious consideration of policies to encourage job creation and higher income from work beyond …
Persistent link: https://www.econbiz.de/10011388328
, high long-term unemployment, stagnant or declining wages for low-to-medium skill jobs owing to adverse labor demand shifts …, and a greater rebound in low-wage than mid- or higher-wage jobs raised concerns that the normal business cycle dynamics of … concerns have spurred serious consideration of policies to encourage job creation and higher income from work beyond the more …
Persistent link: https://www.econbiz.de/10011446600
Neumark, Salas, and Wascher (2014) succinctly summarize the empirical challenges researchers of the minimum wage face: "the identification of minimum wage effects requires both a sufficiently sharp focus on potentially affected workers and the construction of a valid counterfactual control group...
Persistent link: https://www.econbiz.de/10011978325
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010369825
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010238837
Neumark, Salas, and Wascher (2014) succinctly summarize the empirical challenges researchers of the minimum wage face: "the identification of minimum wage effects requires both a sufficiently sharp focus on potentially affected workers and the construction of a valid counterfactual control group...
Persistent link: https://www.econbiz.de/10012870388
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10013051811
informalization of the economy induced by the intervention, the findings show limited income effects of the policy …
Persistent link: https://www.econbiz.de/10012832809
The minimum wage has increased in multiple states over the past three decades. Research has focused on effects on labor supply, but very little is known about how the minimum wage affects health, including children's health. We address this knowledge gap and provide an investigation focused on...
Persistent link: https://www.econbiz.de/10011502545
In monopsony models of the labour market either a minimum wage or an employment subsidy financed by a lump sum tax on profits can achieve the efficient level of employment and output. Incorporating working conditions into a monopsony model where higher wages raise firm labour supply, but less...
Persistent link: https://www.econbiz.de/10011415328