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Higher wages increase labor costs but improve the productivity of the labor force through several channels. If firms take this into account and set their wages accordingly, the resulting wages may fail to adjust demand and supply but may engender phenomena like over-education, discrimination,...
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Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market characteristics. Minimum wages target formal sector workers - a minority in most developing countries - many of whom do not live in poor households. Whether raising minimum wages...
Persistent link: https://www.econbiz.de/10011416331
Governments regulate employment to protect workers and to improve labor market efficiency. However, employment regulations can be controversial, often complicated by opposing ideological views. Thus, it is important for policymakers in developing countries to base decisions on empirical evidence...
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Motivations for introducing a statutory minimum wage in developing countries include reducing poverty, advancing social justice, and accelerating growth. Attaining these goals depends on the national context and policy choices. Institutional capacity tends to be limited, so institutional...
Persistent link: https://www.econbiz.de/10011417394
. Januar 2015 ein neuer Mindestlohn eingeführt. Dieser Artikel analysiert, ob die Bekanntgabe seiner Einführung bereits die … bei betroffenen Arbeitgebern. Außerdem werden von den vom Mindestlohn betroffenen Arbeitgebern Lohnkosten häufiger als …. Januar 2015 ein neuer Mindestlohn eingeführt. Dieser Artikel analysiert, ob die Bekanntgabe seiner Einführung bereits die …
Persistent link: https://www.econbiz.de/10011418249
According to economic theory, a minimum wage reduces the number of low-wage jobs and increases the number of available workers, allowing greater hiring selectivity. More competition for a smaller number of low-wage jobs will disadvantage immigrants if employers perceive them as less skilled than...
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An increase in the minimum wage in immigrant destination countries raises the earnings that low-skilled migrants could expect to attain if they were to migrate. While some studies for the US indicate that a higher minimum wage induces immigration, contrasting evidence shows that immigrants are...
Persistent link: https://www.econbiz.de/10011430781
There are large international differences in the gender pay gap. In some developed countries in 2010-2012, women were close to earnings parity with men, while in others large gaps remained. Since women and men have different average levels of education and experience and commonly work in...
Persistent link: https://www.econbiz.de/10011431707