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employment among low-skilled individuals by roughly 2.5 percentage points. The effects of smaller statutory increases and … relationship between minimum wage increases and employment is quite strongly negative in states that began enacting substantial …
Persistent link: https://www.econbiz.de/10012227457
employment among low-skilled individuals by just over 2 percentage points. The effects of smaller increases are more variable and … with employment among low-skilled individuals, while relatively early and large increases are strongly negatively … correlated with employment. Analysis of future data will be needed to determine whether this apparent difference between short …
Persistent link: https://www.econbiz.de/10012022684
have reduced employment among low-skilled population groups by just under 1.5 percentage points. Our estimates of the …
Persistent link: https://www.econbiz.de/10011820737
reduce wages by 0.5 percentand employment by 1.6 percent, reflecting monopsonistic exploitation. In line with per …-fect competition, sectoral minimum wages lead to negative employment effects in slightlyconcentrated labor markets. This effect weakens …, theresults lend empirical support to the monopsony argument, implying that conventionalminimum wage effects on employment conceal …
Persistent link: https://www.econbiz.de/10012793056
Economists increasingly refer to monopsony power to reconcile the absence of negative employment effects of minimum … reduce wages by 0.5 percent and employment by 1.6 percent, reflecting monopsonistic exploitation. In line with perfect … competition, sectoral minimum wages lead to negative employment effects in slightly concentrated labor markets. This effect …
Persistent link: https://www.econbiz.de/10012795776
high redundancy transfers influence employment. Moreover, the assumption of enegotiation by mutual agreement allows us to …
Persistent link: https://www.econbiz.de/10011318147
high redundancy transfers influence employment. Moreover, the assumption of enegotiation by mutual agreement allows us to …
Persistent link: https://www.econbiz.de/10010262316
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/10012891581
We study the effect of minimum wage increases on employment in automatable jobs – jobs in which employers may find it … share of automatable employment held by low-skilled workers, and increases the likelihood that low-skilled workers in … ignored in the minimum wage literature are in fact quite vulnerable to employment changes and job loss because of automation …
Persistent link: https://www.econbiz.de/10012928497
A recent paper by Meer and West argues that minimum wages reduce aggregate employment growth, and that this … relationship is masked by looking at employment levels. I also find a negative association between minimum wages and aggregate … employment growth using both the Business Dynamics Statistics and the Quarterly Census of Employment and Wages datasets, and it …
Persistent link: https://www.econbiz.de/10013062403