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Labor market reform options to boost employment in South Africa

Duval, Romain; Ji, Yi; Shibata, Ippei - 2021

Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...

Persistent link: https://www.econbiz.de/10012612327

Labor policy analysis for Jobs expansion and development

Paqueo, Vicente B.; Orbeta, Aniceto C.; Lanzona, Leonardo A. - 2014 - [rev.]

The Philippines is at a crossroad. It can choose to continue to follow current unrealistic policies that despite good intentions have been shown to be actually detrimental to the poor. Or, it can elect to try another development path to get a better chance at reducing poverty. This study...

Persistent link: https://www.econbiz.de/10010380426

Estimating the effect of an increase in the minimum wage on hours worked and employment in Ireland

McGuinness, Séamus; Redmond, Paul - 2018

On the 1st of January 2016 the Irish National Minimum Wage increased from €8.65 to €9.15 per hour, an increase of approximately six percent. We use a difference-in-differences estimator to evaluate whether the change in the minimum wage affected the hours worked and likelihood of job loss of...

Persistent link: https://www.econbiz.de/10011880306

Reflections on wage-setting

Zimmermann, Klaus F. - 2018

signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and … expectations about inflation and future growth. Migration plays a significant role to balance wages across regions and countries …. Wage growth has been low in most developed economies because of underutilized labor if properly measured. Germany seems to …

Persistent link: https://www.econbiz.de/10012131008

Staggered contracts and unemployment during recessions

Adamopoulou, Effrosyni; Díez-Catalán, Luis; … - 2022

1993 and 2009 recessions settled on average for a 1.0-1.5 pp lower nominal wage growth than the agreements signed before … of the worker-level bite of minimum wage floors, we find that in both recessions actual wage growth was indeed higher …

Persistent link: https://www.econbiz.de/10013471360

Minimum Wages and the Welfare of Workers in Honduras

Gindling, T. H.; Terrell, Katherine - 2021

Taking advantage of a complex minimum wage structure in Honduras, this paper examines how changes in minimum wages over the 1990-2004 period affect unemployment as well as the employment and average wages of workers in different sectors of the economy: medium and large-scale firms v. small firms...

Persistent link: https://www.econbiz.de/10013316940

Minimum wages for domestic workers : impact evaluation of the Indian experience

Gudibande, Rohan Ravindra; Jacob, Arun - 2018

The paper explores the labor market effect of minimum wage legislations in the informal sector for a developing country. The paper conducts an impact evaluation of the minimum wage legislation for domestic workers introduced in four states in India over the period of 2004-2012. Combining...

Persistent link: https://www.econbiz.de/10012163058

Employment and reallocation effects of higher minimum wages

Drechsel-Grau, Moritz - 2023

This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model with endogenous job search effort and vacancy posting, multiple employment levels, a progressive tax-transfer system, and worker and firm heterogeneity. I find that minimum wages...

Persistent link: https://www.econbiz.de/10014267170

Labor market policies during an epidemic

Birinci, Serdar; Karahan, Fatih; Mercan, Yusuf; See, Kurt - 2020

We study the positive and normative implications of labor market policies that counteract the economic fallout from containment measures during an epidemic. We incorporate a standard epidemiological model into an equilibrium search model of the labor market to compare unemployment insurance (UI)...

Persistent link: https://www.econbiz.de/10012309193

Capital, heterogeneous labour, global goods markets and unemployment

Schweinberger, Albert G. - 2001

A two country model of trade between a flexiwage and a minimum wage economy or two mmjmum wage economies is developed. The main novelty is that there are three factors of production: capital, skilled and unskilled labour. This unlocks the terms of trade. Unskilled labour is subject to the same...

Persistent link: https://www.econbiz.de/10009491063

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