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A model of on-the-job training in the presence of a minimum wage is presented. This predicts that the minimum wage will have a negative effect on a worker's subsequent wage growth when the labour market is competitive but a U-shaped effect when it is not competitive. This prediction is then...
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This paper investigates the extent to which people spend careers on minimum wage jobs. We find that a small but non-trivial number of NLSY respondents spend 25%, 50%, or even 75% of the first ten years of their career on minimum or near-minimum wage jobs. Workers with these minimum wage careers...
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Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find …
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wage bin throughout the monthly wage distribution. We find that, after one month, wages increased by 17 to 37 percent for …
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an instrument for the relative increase in the worker's hourly wage in a two-stage least squares estimation based on …
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