Showing 1 - 10 of 751
Interest in the non-economic impact of minimum wage laws have led to a growing literature examining how population health measures respond to state minimum wage increases in the US. These studies rely on the canonical two-way fixed effect estimator, which is an unreliable method to infer causal...
Persistent link: https://www.econbiz.de/10012895918
Youth unemployment has become a severe economic and societal problem in many European countries. Based on the existing empirical evidence on different policy options, this chapter draws lessons for future policy making in order to effectively promote youth employment in Europe. In conclusion,...
Persistent link: https://www.econbiz.de/10011582723
Because most parents send their children to work when compelled by poverty, one would expect a rise in adult wage to lower child labour. However, if the rise in wage is achieved by a minimum wage law, its impact can be intriguing. It can, for instance, cause some adults to be unemployed and send...
Persistent link: https://www.econbiz.de/10014153197
This paper analyses the effects of a large reform in the minimum wages affecting youth workers in New Zealand since 2001. Prior to this reform, a youth minimum wage, applying to 16-19 year-olds, was set at 60% of the adult minimum. The reform had two components. First, it lowered the eligible...
Persistent link: https://www.econbiz.de/10010261850
Exposure to minimum wages at young ages may lead to longer-run effects. Among the possible adverse longer-run effects are decreased labor market experience and accumulation of tenure, lower current labor supply because of lower wages, and diminished training and skill acquisition. Beneficial...
Persistent link: https://www.econbiz.de/10010276027
We model a standard competitve labour market where firms choose combinations of workers and hours per worker to produce output. If one assumes that the scale of production has no impact on hours per worker, then the change in the number of workers and hours per worker resulting from a minimum...
Persistent link: https://www.econbiz.de/10010277129
In Germany, there is a vivid political debate on introducing a general statutory minimum wage. In this paper, we study the effects of minimum wages on labor supply using a structural household model where we distinguish between married and single households. In the model, labor supply of married...
Persistent link: https://www.econbiz.de/10010289898
We model a standard competitve labour market where firms choose combinations of workers and hours per worker to produce output. If one assumes that the scale of production has no impact on hours per worker, then the change in the number of workers and hours per worker resulting from a minimum...
Persistent link: https://www.econbiz.de/10003616666
This paper examines the impact of minimum wage policies on employment, income, and working time of Chinese workers. Using data from China Health and Nutrition Survey, we focus on identifying the effects of minimum wage adjustments using a pre-specified model. We control for lagged minimum wage...
Persistent link: https://www.econbiz.de/10011431603
In a competitive model we ease the assumption that efficiency units of labour are the product of hours and workers. We show that a minimum wage may either increase or decrease hours per worker and the change will have the opposite sign to the slope of the equilibrium hours hourly wage locus....
Persistent link: https://www.econbiz.de/10009729282