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Efficiency wage theory predicts that the wage per unit of effort will be lower in intensively monitored sectors. This wage differential will increase in effort. Using employer-employee matched data from Ghana we provide evidence supporting this hypothesis.
Persistent link: https://www.econbiz.de/10011415326
In monopsony models of the labour market either a minimum wage or an employment subsidy financed by a lump sum tax on profits can achieve the efficient level of employment and output. Incorporating working conditions into a monopsony model where higher wages raise firm labour supply, but less...
Persistent link: https://www.econbiz.de/10011415328
Explores compliance to the national minimum wage in Trinidad and Tobago. Potential costs associated with the national minimum wage; Actual incidence of compliance in terms of employment and wage distribution; Nature of labor market.
Persistent link: https://www.econbiz.de/10011269317
This paper analyses the impact of government grants on labour demand using plant level data for manufacturing industry in Ireland. Our data consists of a large sample of plants and their complete grant history. We provide evidence that additional employment is created over and above the level...
Persistent link: https://www.econbiz.de/10011269428
We estimate the wage penalty associated with working in the South African informal sector. To this end we use a rich data set on non-self employed males that allows one to accurately distinguish workers employed in the informal sector from those employed in the formal sector and link individuals...
Persistent link: https://www.econbiz.de/10011269466
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We show in a monopsony model that in response to a small increase in migration employment will increase in both low productivity non-compliant firms who pay less than and in high productivity firms who pay more than the minimum wage, but will increase by proportionately more in minimum wage...
Persistent link: https://www.econbiz.de/10010754772