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The short-run effects of the minimum wage on employment and labor market participation : evidence from an individual-level panel
Boffy-Ramirez, Ernest - 2019
advantage of individual-level longitudinal data to observe the impacts of minimum wage changes on unemployment and labor force … determines unemployment and labor force participation. Specifically, the empirical strategy controls any fixed individual … increase in unemployment immediately following a minimum wage increase. In addition, it does not appear that employers are …
Persistent link: https://www.econbiz.de/10011978325
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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
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Job protection renders minimum wages less harmful
Schöb, Ronnie; Thum, Marcel - 2011
presence of job protection will lead to lower unemployment levels than predicted by the standard labour market model with … heterogeneous labour and full information. -- Minimum wages ; unemployment ; hidden information ; labour market regulation …
Persistent link: https://www.econbiz.de/10009302708
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The Impact of the National Minimum Wage on Industry-Level Wage Bargaining in France
Gautier, Erwan - 2016
This paper examines empirically how industry-level wage floors are set in French industry-level wage agreements and how the national minimum wage (NMW) interacts with industry-level wage bargaining. For this, we use a unique data set containing about 48,000 occupation-specific wage floors, in...
Persistent link: https://www.econbiz.de/10012995503
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The effects of increasing the minimum wage on prices : analyzing the incidence of policy design and context
MacDonald, Daniel; Nilsson, Eric Andrews - 2016
We analyze the price pass-through effect of the minimum wage and use the results to provide insight into the competitive structure of low-wage labor markets. Using monthly price series, we find that the pass-through effect is entirely concentrated on the month that the minimum wage change goes...
Persistent link: https://www.econbiz.de/10011509081
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The Effects of Increasing the Minimum Wage on Prices : Analyzing the Incidence of Policy Design and Context
MacDonald, Daniel - 2016
We analyze the price pass-through effect of the minimum wage and use the results to provide insight into the competitive structure of low-wage labor markets. Using monthly price series, we find that the pass-through effect is entirely concentrated on the month that the minimum wage change goes...
Persistent link: https://www.econbiz.de/10012987315
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Labor market effects of minimum wage shocks
Micheli, Martin - 2019
The theoretical literature argues that labor markets outcomes are affected by real minimum wages. Real minimum wages, however, co-move with the business cycle; their correlation with labor market outcomes should therefore not be interpreted causally. We employ structural vector autoregression to...
Persistent link: https://www.econbiz.de/10012164678
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Drivers and effects of labour market reforms : evidence from a novel policy compendium
Adascalitei, Dragos; Morano, Clemente Pignatti - In: IZA journal of labor policy 5 (2016) 15, pp. 1-32
reforms is positively associated with the unemployment rate, the simultaneous implementation of fiscal consolidation measures … unemployment rate in the short run when they are approved during contractionary periods-while they have a non-significant effect …
Persistent link: https://www.econbiz.de/10011522366
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Ex-ante evaluation of the impact of increases in minimum wages on labor market outcomes in Kosovo
Robayo-Abril, Monica; Terskaya, Anastasia; Brodmann, … - 2020
increase to 250 euros per month, the simulated unemployment rate increases by 0.4 percentage point in the short term and about … 0.6 percentage point in the long term. The youth unemployment rate (ages 15-24) is anticipated to increase by up to 1 ….1 percentage points in this scenario, a relatively large increase considering the already high levels of unemployment among this …
Persistent link: https://www.econbiz.de/10012297495
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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