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increased to a level where the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor …
Persistent link: https://www.econbiz.de/10012779195
Persistent link: https://www.econbiz.de/10003837891
increased to a level where the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor …
Persistent link: https://www.econbiz.de/10003399172
increased until the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor demand so that …. This critical value decreases with unemployment benefits and increases with workers' risk aversion. We also show that in … rate be decreased. -- Elasticity of labor demand ; minimum wage …
Persistent link: https://www.econbiz.de/10003586554
Economists increasingly refer to monopsony power to reconcile the absence of negativeemployment effects of minimum wages with theory. However, systematic evidence for themonopsony argument is scarce. In this paper, I perform a comprehensive test of monop-sony theory by using labor market...
Persistent link: https://www.econbiz.de/10012793056
Economists increasingly refer to monopsony power to reconcile the absence of negative employment effects of minimum wages with theory. However, systematic evidence for the monopsony argument is scarce. In this paper, I perform a comprehensive test of monopsony theory by using labor market...
Persistent link: https://www.econbiz.de/10012795776
about the minimum wage effects in the literature. My main findings indicate that minimum wages have an elasticity to teenage … the monopsony variable is one standard deviation higher than the baseline, it implies a positive change in elasticity of 0 …
Persistent link: https://www.econbiz.de/10012391092
decrease in population depending on the local labor demand elasticity and on how unemployment benefits are financed. The paper … wages and decreases in employment. The low-skilled local labor demand elasticity is estimated to be above 1, which in the …
Persistent link: https://www.econbiz.de/10011376306
decrease in population depending on the local labor demand elasticity and on how unemployment benefits are financed.The paper … wages and decreases in employment. The low-skilled local labor demand elasticity is estimated to be above 1, which in the …
Persistent link: https://www.econbiz.de/10013012806
background of unemployment insurance. We find that unemployment insurance is always efficiently organized by decentral decisions … be shown to be generically inefficient because the decision makers either externalize the cost of unemployment via the …
Persistent link: https://www.econbiz.de/10015339907