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concerned with the enforcement of labor regulations and design of social security systems and laws that protect informal workers. …
Persistent link: https://www.econbiz.de/10010228735
Using an intertemporal model of saving and capital accumulation with two types of agents (workers and capitalists) we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to...
Persistent link: https://www.econbiz.de/10011481224
demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a …
Persistent link: https://www.econbiz.de/10010402108
monopsonistic competition among low-wage industries: While retailing, the hotel and restaurant industry as well as agriculture can …
Persistent link: https://www.econbiz.de/10011480762
We analyze the redistributive (dis)advantages of a minimum wage over income taxation in competitive labor markets. A …
Persistent link: https://www.econbiz.de/10010234542
Persistent link: https://www.econbiz.de/10012818300
comprehensive test of monop-sony theory by using labor market concentration as a proxy for monopsony power. Labormarket … concentration turns out substantial in Germany. Absent wage floors, a 10 per-cent increase in labor market concentration makes firms …-fect competition, sectoral minimum wages lead to negative employment effects in slightlyconcentrated labor markets. This effect weakens …
Persistent link: https://www.econbiz.de/10012793056
comprehensive test of monopsony theory by using labor market concentration as a proxy for monopsony power. Labor market … concentration turns out substantial in Germany. Absent wage floors, a 10 percent increase in labor market concentration makes firms … competition, sectoral minimum wages lead to negative employment effects in slightly concentrated labor markets. This effect …
Persistent link: https://www.econbiz.de/10012795776
Persistent link: https://www.econbiz.de/10009740986
monopsonistic characteristics in the labor markets. In this article, I estimate the effects of the minimum wage for the United … States under concentrated labor markets and low-mobility jobs (two variables that measure monopsony), identify heterogeneous ….05. The minimum wage has a positive insignificant effect between 0.04 and 0.29 under full monopsonistic labor markets. The …
Persistent link: https://www.econbiz.de/10012391092