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When jobs offered by different employers are not perfect substitutes in the minds of workers, employers gain wage-setting power; the extent of this power can be captured by the elasticity of labor supply that each employer faces. Estimates of this parameter reported by the literature vary...
Persistent link: https://www.econbiz.de/10011950529
When jobs offered by different employers are not perfect substitutes in the minds of workers, employers gain wage-setting power; the extent of this power can be captured by the elasticity of labor supply that each employer faces. Estimates of this parameter reported by the literature vary...
Persistent link: https://www.econbiz.de/10012896763
The process leading to the setting of the minimum wage so far has been fairly overlooked by economists. This paper suggests that this is a serious limitation as the setting regime contributes to explain cross-country variation in the fine-tuning of the minimum wage, hence in the way in which the...
Persistent link: https://www.econbiz.de/10010269572
Be it Olympics or tennis or any other sport, we see that few countries always have greater representation on the medals tally. Tennis is a sport that demands a high level of hard work and investment not just in coaching, but also for its accessories. ATP and WTA are two professional bodies that...
Persistent link: https://www.econbiz.de/10012951047
The traditional theoretical view of minimum wage laws is that, because labor markets are competitive, the laws hurt employment while delivering little benefit to workers as a group. Empirical research has generally supported this view, finding that minimum wage increases are followed by...
Persistent link: https://www.econbiz.de/10012923985
The process leading to the setting of the minimum wage so far has been fairly overlooked by economists. This paper suggests that this is a serious limitation as the setting regime contributes to explain cross-country variation in the fine-tuning of the minimum wage, hence in the way in which the...
Persistent link: https://www.econbiz.de/10003879369
This brief survey contains a review of several new empirical papers that attempt to measure the extent of monopsony in … income transfer away from workers. The evidence surveyed from a fairly broad range of labor markets suggests that monopsony …
Persistent link: https://www.econbiz.de/10010273868
This brief survey contains a review of several new empirical papers that attempt to measure the extent of monopsony in … income transfer away from workers. The evidence surveyed from a fairly broad range of labor markets suggests that monopsony … may be far more pervasive than is sometimes suggested. -- Monopsony ; imperfect labor markets …
Persistent link: https://www.econbiz.de/10003959985
This brief survey contains a review of several new empirical papers that attempt to measure the extent of monopsony in … income transfer away from workers. The evidence surveyed from a fairly broad range of labor markets suggests that monopsony …
Persistent link: https://www.econbiz.de/10013144079
This article examines the structure of gender and ethnic wage gaps and the distribution of both paid and unpaid work in LAC countries. Its main contribution is to expose the double discrimination endured by women in the region. Indeed, the results indicate that women are highly discriminated in...
Persistent link: https://www.econbiz.de/10010466486