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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
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
This paper exploits discontinuities induced by earnings caps for social security contributions (SSC) in Germany to analyse the effect of SSC on gross labour earnings. Empirical evidence is based on two complementary approaches utilising two administrative data sets. First, employment responses...
Persistent link: https://www.econbiz.de/10011280002
We study the impact of the minimum wage hike in Seattle from $9.47 to $13 on wagebill, labor demand, and firm revenue using administrative data from the state of Washington. We show that the minimum wage affected businesses both at the intensive and extensive margins. At the intensive margin,...
Persistent link: https://www.econbiz.de/10011986797
This paper shows that increases in the minimum wage rate can have ambiguous effects on the working hours and welfare of employed workers in competitive labor markets. The reason is that employers may not comply with the minimum wage legislation and instead pay a lower subminimum wage rate. If...
Persistent link: https://www.econbiz.de/10003897515