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This study examines long-term effects of a minimum wage increase using an innovative identification strategy based on categorising workers according to their predicted marginal revenue products. It finds that the increase had a large and persistent disemployment effects on low-paid workers and...
Persistent link: https://www.econbiz.de/10012870449
Estonia adopted liberal labor market policies during the transition, and Slovenia took an interventionist approach. Even so, relative wages for women rose in both countries. Women were less mobile across jobs in both countries, so men disproportionately filled new jobs in expanding sectors....
Persistent link: https://www.econbiz.de/10012749098
Estonia, which adopted relatively free labor market policies early in its transition, experienced rapid increases in returns to human capital Ntilde; rising returns to education and rising relative wages for younger educated workers, but declining returns to experience for older workers with...
Persistent link: https://www.econbiz.de/10012749334
The Slovenian transition represents a slow, but steady liberalization of constraints on competition. Using a unique longitudinal data set on all manufacturing firms in Slovenia over the period 1994-2001, the authors analyze how firm efficiency changed, in response to changing competitive...
Persistent link: https://www.econbiz.de/10012559626
Using a unique longitudinal data set on all manufacturing firms in Slovenia from 1994 to 2001, this article analyzes how firm efficiency changed in response to changing competitive pressures associated with the transition to market. Results show that the period was one of atypically rapid growth...
Persistent link: https://www.econbiz.de/10012561846
The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique longitudinal data set on all manufacturing firms in Slovenia over the period 1994-2001, this study analyzes how firm efficiency changed in response to changing competitive...
Persistent link: https://www.econbiz.de/10013319690
Sri Lanka’s Termination of Employment of Workmen Act (TEWA) requires that firms with 15 or more workers justify layoffs and provide generous severance pay to displaced workers, with smaller firms being exempted. Although formally subject to TEWA, firms in Export Promotion Zones (EPZs) do not...
Persistent link: https://www.econbiz.de/10011765131
This study examines long-term effects of a minimum wage increase using an innovative identification strategy based on categorising workers according to their predicted marginal revenue products. It finds that the increase had a large and persistent disemployment effects on low-paid workers and...
Persistent link: https://www.econbiz.de/10011977607
Many developing countries have tried to increase firm provision of training by providing subsidies funded by taxes proportional to the firm’s wage bill. These training funds, however,may backfire if the adverse effect of the tax on training incentives outweighs the positive effects of the...
Persistent link: https://www.econbiz.de/10010878209
The authors use a retrospective survey of 9,608 individuals, aged 16 to 75, to monitor the effects of Estonia's economic transition on wages and employment. Estonia is an interesting case because of its early adoption of relatively free labor market policies. Estonia's transition led to rapid...
Persistent link: https://www.econbiz.de/10005079971