This paper reexamines the relation between minimum wages and labor market outcomes for teenagers in the US. Economic theory suggests that real minimum wages drive labor market outcomes. Instead of the commonly used nominal minimum wages, we therefore use real minimum wages to examine this...

We study the effect of the introduction of the German statutory minimum wage law in 2015 on teenagers' educational expectations. We focus on low-skilled students, the group most likely to be affected by the minimum wage after entering the labor market. Theoretical predictions of the effect of...

On the basis of the suggestions of Friedman (1969, 1993) and Moore (1965) and considering the framework proposed by Balke and Wynne (1994, 1995), this paper evaluates whether recoveries growth depends on the characteristics of prior recessions (depth, steepness and duration) in the case of the...

Unemployment in Europe has reached 10% as this was prepared, and it is over 10% in the United States at the same time. How has the service economy been related to the current global recession? That is the focus of this paper. Much has been written about the impact of the structural shift to...

In Catalonia, between 2008 and 2014, the rate of youth unemployment has exponentially increased and it has turned into a structural problem: when the fourth quarter of 2014 ended, among the people under the age of 30, the number of unemployed people was 1,495,600, 645,000 more than in the first...

We study a mentoring program that aims to improve the labor-market prospects of schoolattending adolescents from disadvantaged families by offering them a university-student mentor. Our RCT investigates program effectiveness on three outcome dimensions that are highly predictive of adolescents'...

In Spain the rate of youth unemployment has exponentially increased in the past few years, and it has turned into a structural problem. When the fourth quarter of 2014 ended, the destruction of employment, which begun along with the economic and financial crisis in 2008, has specially affected...