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Minimum wages and unemployment during economic shocks

Merfeld, Joshua D.; Sharp, Matthew - 2023

This paper studies whether a minimum wage changes how labour markets respond to economic shocks. Using data from South Africa, we show that an agricultural minimum wage leads to higher mean wages with no significant impacts on mean employment. However, these positive aggregate outcomes hide...

Persistent link: https://www.econbiz.de/10014388446

Separating employment effects into job destruction and job creation : evidence from a large minimum wage increase in the agricultural sector using administrative tax data

Piek, Marlies; Fintel, Dieter von; Kirsten, Johann F. - 2020

This paper presents new evidence on the employment effects of a large increase in agricultural minimum wages in South Africa using anonymized tax data. We add to the minimum wage literature by differentiating employment effects resulting from the destruction of existing jobs and from the slower...

Persistent link: https://www.econbiz.de/10012208473

The effect of seasonal work visas on native employment : evidence from US farm work in the Great Recession

Clemens, Michael A. - In: Review of international economics 30 (2022) 5, pp. 1348-1374

Persistent link: https://www.econbiz.de/10013463365

The minimum wage from a two-sided perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...

Persistent link: https://www.econbiz.de/10010369825

The minimum wage from a two-sided perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014

Persistent link: https://www.econbiz.de/10010371904

Labour market developments in Germany : tales of decency and stability

Ruoff, Bea - 2016

Labour market developments in Germany can be separated into two major shocks: German reunification in the early 1990s, and the Hartz reforms in the early 2000s. In this paper it is argued that these two shocks divide the German wage bargaining system into the old labour market system, which is...

Persistent link: https://www.econbiz.de/10011437161

Can minimum wages raise workers' incomes in the long run?

Oikonomidēs, Geōrgios; Moutos, Thomas - 2016 - This Draft: May 2016

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

Employment effects of the 2009 minimum wage increase : new evidence from state-based comparisons of workers by skill level

Hoffman, Saul D. - In: The B.E. journal of economic analysis & policy 14 (2014) 3, pp. 695-721

Persistent link: https://www.econbiz.de/10010418953

The minimum wage and crime

Beauchamp, Andrew; Chan, Stacey - In: The B.E. journal of economic analysis & policy 14 (2014) 3, pp. 1213-1235

Persistent link: https://www.econbiz.de/10010419463

Policy levers to increase jobs and increase income from work after the Great Recession

Neumark, David - 2015

The depth of the Great Recession, the slow recovery of job creation, the downward trend in labor force participation …, high long-term unemployment, stagnant or declining wages for low-to-medium skill jobs owing to adverse labor demand shifts … of recovery from the recession will be insufficient to offset the diminished labor market prospects of many workers …

Persistent link: https://www.econbiz.de/10011388328

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