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Persistent link: https://www.econbiz.de/10009688412
We study in this paper the interactions between migration rates and the level of labour standards. We use an augmentee version of the Grogger and Hanson (2008) model, adding the level of working conditions into the specification. Our hypothesis is that the differential of working conditions may...
Persistent link: https://www.econbiz.de/10008622005
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
Abstract The Asian economic crisis which began with the floating of the bhat by Thailand on July 1 1997 is still having devastating effects on the livelihood and the well being of millions of people in many parts of the world. The financial crisis spread from Thailand to other Asian countries,...
Persistent link: https://www.econbiz.de/10011111270
We study in this paper the interactions between migration rates and the level of labour standards. We use an augmented version of the Grogger and Hanson (2008) model, adding the level of working conditions into the specification. Our hypothesis is that the differential of working conditions may...
Persistent link: https://www.econbiz.de/10005079036
Both academic and political debates over the minimum wage generally focus on the minimum wage rate. However, the minimum wage is a complex institution composed of a wide variety of parameters. In this note, I show that nominal rates provide a very crude picture of minimal compensation and of...
Persistent link: https://www.econbiz.de/10010366928
The positive political returns to providing cash transfers have been well documented. However, redistribution through the tax and transfer system, while direct, is not the only means by which governments seek to change the income distribution: regulation of private market transactions may have a...
Persistent link: https://www.econbiz.de/10014335878
Exploiting a unique natural experiment,we showthe asymmetric effects of a large increase and an equivalent subsequent decrease to a binding minimum wage. Wages in a leading low-wage industry increase as the minimumwage rises, but do not fall when it is lowered. This boost for low-wage workers'...
Persistent link: https://www.econbiz.de/10014445444
Both academic and political debates over the minimum wage generally focus on the minimum wage rate. However, the minimum wage is a complex institution composed of a wide variety of parameters. In this note, I show that nominal rates provide a very crude picture of minimal compensation and of...
Persistent link: https://www.econbiz.de/10011031871
Over the last two decades, high – and, in some countries, rising – rates of low-wage work have emerged as a major political concern. If low-wage jobs act as a stepping stone to higher-paying work, then even a relatively high share of low-wage work may not be a serious social problem. If,...
Persistent link: https://www.econbiz.de/10009649731