In a recent article, Sabia, Burkhauser, and Hansen report very large negative employment effects of the 2004-2006 increase in the NY state minimum wage on young, less- educated workers. I re-examine their estimates using data from the full CPS, rather than the smaller MORG files they use. I find...

In this paper I study the effect of employment protection rules on firm productivity using micro data on Swedish firms. A reform of the employment protection rules in 2001 made it possible for small firms to exempt two employees from the last-in-first-out rules. The reform targeted only firms...

This article examines the reaction function of labour market expenditure to the economic cycle and especially to the labour market situation in 24 OECD countries, over the period 1985 to 2010. The level of public debt is also introduced as a potential determinant of labour market policy...

The estimation of the economic return to education has perhaps been one of the predominant areas of analysis in applied economics for over 50 years. In this short note we consider some of the recent directions taken by the literature, and also some of the blockages faced by both science and...

Expansionary Austerity, Expansionary Precariousness and the Jobs Act. In the last years of the crisis, the devaluation policy on labour has exacerbated the negative effects of austerity on domestic demand. Nevertheless, the European Commission, also in the recent countries recommendations, keeps...

The Jobs Act of Matteo Renzi's Italian Government has been announced as urgent structural reform requested by Europe to make the extremely rigid Italian labour market more flexible, in order to contrast the dualism among protected workers and those without protections at all, and to guarantee...

We estimate the minimum wage's effects on low-skilled workers' employment and income trajectories. Our approach exploits two dimensions of the data we analyze. First, we compare workers in states that were bound by recent increases in the federal minimum wage to workers in states that were not....

Il Documento di Economia e Finanza (Def) 2014 per l’Italia fotografa un Paese che non cresce e farà fatica a crescere nell’immediato futuro. Annuncia un programma di riforme sul mercato del lavoro e per la concorrenza che hanno impatti trascurabili sulla domanda interna, ma al contempo...

La crisi europea origina anche da una crescita delle disuguaglianze e dalle deregolamentazioni nei mercati finanziari, dei beni e del lavoro, che invece di curare il malato ne aggravano la malattia. "Austerità espansiva" e "riforme strutturali" sono i due pilastri di un Europa che ha perso la...