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During the last decade, unemployment in Greece climbed up to 28%, almost quadrupling due to the economic crisis that … hit Greece. In the present paper, we examine the determinants of the unemployment dynamics and the impact of the minimum … wage on the probability of making a transition into and out of unemployment. We use micro-level data from the Greek Labour …
Persistent link: https://www.econbiz.de/10012622888
During the last decade, unemployment in Greece climbed up to 28%, almost quadrupling due to the economic crisis that … hit Greece. In the present paper, we examine the determinants of the unemployment dynamics and the impact of the minimum … wage on the probability of making a transition into and out of unemployment. We use micro-level data from the Greek Labour …
Persistent link: https://www.econbiz.de/10013198902
in-work benefits on search intensity, participation, employment, and unemployment,compared to a framework in which wages …
Persistent link: https://www.econbiz.de/10009360547
of in-work benefits on search intensity, participation, employment, and unemployment, compared to a framework in which …
Persistent link: https://www.econbiz.de/10013130454
In this paper it is argued that the domestic division of labor and trade is organized according to the same principle as the international division of labor and trade – the Ricardian comparative advantages. After all, the ultimate source of these comparative advantages is the individual. The...
Persistent link: https://www.econbiz.de/10005642399
Youth unemployment has become a severe economic and societal problem in many European countries. Based on the existing …
Persistent link: https://www.econbiz.de/10011663474
This paper uses minimum wage hikes to evaluate the susceptibility of low-wage employment to technological substitution. We find that automation is accelerating and supplanting a broader set of low-wage routine jobs in the decade since the Financial Crisis. Simultaneously, low-wage interpersonal...
Persistent link: https://www.econbiz.de/10012429422
New Zealand has seen dramatic changes in minimum wage policies since 2000. The adult minimum wage has increased 75% in CPI-adjusted real terms. In addition, the youth minimum wage was abolished in two stages, resulting in a 125% increase in the real minimum wage for 16-19-year-old workers. We...
Persistent link: https://www.econbiz.de/10012517238
New Zealand has seen dramatic changes in minimum wage policies since 2000. The adult minimum wage has increased 75% in CPI-adjusted real terms. In addition, the youth minimum wage was abolished in two stages, resulting in a 125% increase in the real minimum wage for 16–19-year-old workers. We...
Persistent link: https://www.econbiz.de/10013314250
employment and education. Using a regression discontinuity design in tandem with a difference-in-discontinuities analysis, we … unemployment increases approximately 2 percentage points. We also document that the minimum wage hike does not generate a major … change in high school enrollment, while the likelihood of transitioning into "neither in employment nor in education and …
Persistent link: https://www.econbiz.de/10013314724