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This testimony makes three main points. First, income volatility, especially when it involves income declines, imposes significant hardships on American families. It heightens stress about finances and may increase household living expenses. These hardships are most pronounced for middle-and...
Persistent link: https://www.econbiz.de/10014195419
Both the growing college/high school earnings gap and the generally slow growth of real earnings have generated frustration with the political system. in the short run the earnings gap is likely to remain at roughly its current level. Over time, however, the increased concentration of low income...
Persistent link: https://www.econbiz.de/10014222738
Establishing a $15 minimum wage at U.S. airports will provide transformative economic benefits for low-paid air transportation employees who work 24-7 in a fast-paced, noisy environment, providing essential services for airlines and the traveling public. Flying Right analyzes current wage and...
Persistent link: https://www.econbiz.de/10012952735
Low unionization rates, a falling real federal minimum wage, and prevalent non-competes characterize low-wage jobs in the United States and contribute to growing inequality. In recent years, a number of private employers have opted to institute or raise company-wide minimum wages for their...
Persistent link: https://www.econbiz.de/10013243133
This paper presents information on wage-bargaining institutions, collected for 23 European countries, plus the US and Japan using a standardised questionnaire. Our data provide information from the years 1995 and 2006, for four sectors of activity and the aggregate economy. The main findings...
Persistent link: https://www.econbiz.de/10013137667
This paper presents information on wage bargaining institutions, collected using a standardised questionnaire. Our data provide information from 1995 and 2006, for four sectors of activity and the aggregate economy, considering 23 European countries, plus the US and Japan. Main findings include...
Persistent link: https://www.econbiz.de/10013138137
This paper develops a labor-market orientated expected utility model to explain the massively high level of non-marital fertility, especially teenage single motherhood in the United States in the period 1960-1980. Labor market regulations reduce, via disemployment, male youth income-earning...
Persistent link: https://www.econbiz.de/10013082790
According to federal law in 2012, employers can take a credit of up to $5.13 for tips received by workers in satisfying the minimum wage requirement of $7.25. This study uses interstate variation in laws regarding tip credits and minimum wages to identify the effects of reducing or eliminating...
Persistent link: https://www.econbiz.de/10013089001
Over half of the U.S. population receives health insurance through an employer, with employer premium contributions creating a flat "head tax" per worker, independent of their earnings. This paper develops and calibrates a stylized model of the labor market to explore how this uniquely American...
Persistent link: https://www.econbiz.de/10014345193
We use wage data from the Current Population Survey Merged Outgoing Rotation Group (CPS MORG) to study the effect of state and federal minimum wage policies on gender, race, and ethnic inequality throughout the wage distribution, focusing on lower-tail inequality between men and women, Blacks...
Persistent link: https://www.econbiz.de/10014372482