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This paper studies the effect of minimum wage changes on spatial equilibriums in local labor markets. Using data for the U.S. and minimum wage variation across state borders, I analyze how commuting, residence, and employment locations change in response to local minimum wage changes. I find...
Persistent link: https://www.econbiz.de/10013040977
Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10010427502
Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10003470547
relevance of functional distribution in terms of explaining personal distribution underscores the importance of our results for … understanding recent increases in inequality. The empirical analysis performed herein involves a panel of 38 manufacturing and …
Persistent link: https://www.econbiz.de/10011420638
The evidence on growing inequality in OECD countries has raised an important debate over its main drivers, pointing out …
Persistent link: https://www.econbiz.de/10011341894
If someone lives in an economically depressed place, they were probably born there. The presence of people with local ties – a preference to live in their birthplace – leads to smaller migration responses. Smaller migration responses to wage declines lead to lower real incomes and make real...
Persistent link: https://www.econbiz.de/10012182408
the distribution of accepted wages. We find that after controlling for frictions, mobility costs are one order of …
Persistent link: https://www.econbiz.de/10011617382
In this paper we survey the recent developments in two empirical literatures at the crossroads of labor and urban economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the methods and main results of each of these two...
Persistent link: https://www.econbiz.de/10010268714
This paper studies the effects of each U.S. recession since 1973 on local labor markets. We find that recession-induced declines in employment are permanent, suggesting that local areas experience permanent declines in labor demand relative to less-affected areas. Population also falls,...
Persistent link: https://www.econbiz.de/10012214828
This paper concerns the labour market differences among the 77 districts of the Czech Republic. There was a remarkable trend of increasing regional labour market differentiation in the 1990's, however, the patterns of differentiation have stabilised since then. The first part of the paper aims...
Persistent link: https://www.econbiz.de/10010322314