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Most of the minimum wage literature in developing countries provides supporting evidence of its effectiveness in reducing wage inequality. Using minimum wage data from Thailand (1985-2010), I find rather mixed outcomes. The minimum wage seems to help compress the lower part of wage distribution...
Persistent link: https://www.econbiz.de/10011431639
After a period of hyperinflation and the adoption of the Brazilian Real in 1994, Brazil has experienced a significant decline in income inequality along with a rapid recovery of the real minimum wage. There is no empirical consensus on whether the increase in the minimum wage contributed to the...
Persistent link: https://www.econbiz.de/10012868218
Korean Abstract: 본고는 근로자의 고용형태가 소득분위별 임금 및 소득 분포에 미치는 영향을 분석하였다. 구체적으로는 Firpo 등 (2009)이 제안한 재중심 영향함수 (Recentered Influence Function, RIF) 를 이용하여 임금근로자중 비정규직...
Persistent link: https://www.econbiz.de/10012978254
In this paper I review what we have learned about living wage laws and their impacts on the wages, employment and poverty rates of low-wage workers. I review the characteristics of these laws and where they have been implemented to date, and what economic theory tells us about their likely...
Persistent link: https://www.econbiz.de/10003769765
Persistent link: https://www.econbiz.de/10003860167
This paper constructs a theory of the coexistence of fixed-term and permanent employment contracts in an environment with ex ante identical workers and employers. Workers under fixed-term contracts can be dismissed at no cost while permanent employees enjoy labor protection. In a labor market...
Persistent link: https://www.econbiz.de/10008664607
This paper constructs a theory of the coexistence of fixed-term and permanent employment contracts in an environment with ex-ante identical workers and employers. Workers under fixed-term contracts can be dismissed at no cost while permanent employees enjoy labor protection. In a labor market...
Persistent link: https://www.econbiz.de/10003998033
The paper compares employment structures in five Continental welfare states. These countries feature broad similarities in their reliance on a more dualised model of labour market flexibility, particularly in service occupations with low skill requirements. However, a closer look also reveals...
Persistent link: https://www.econbiz.de/10003985730
The statutory minimum wage has steadily increased for decades in Japan, while the median wage has fallen nominally since 1999 because of a severe recession. We use large micro-data sets from two government surveys to investigate how the minimum wage has affected the wage distribution under...
Persistent link: https://www.econbiz.de/10003965646
Several empirical minimum wage studies have recently been published that simulate employment effects of a federal minimum wage in Germany. We disentangle various factors that explain the variation in previous simulation results. Based on data from the German Socio-Economic Panel and the newly...
Persistent link: https://www.econbiz.de/10003858715