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Do apparently large minimum wage increases in an environment of straightened economic circumstances produce clearer evidence of disemployment effects than is typically reported in the new economics of the minimum wage? The present paper augments the sparse literature covering the very latest...
Persistent link: https://www.econbiz.de/10009686210
This paper assesses the impact of the National Minimum Wage (NMW) on employment and inequality in the UK over the decade since its introduction in 1999. Identification is facilitated by using variation in the bite of the NMW across local labour markets and the different sized year on year up...
Persistent link: https://www.econbiz.de/10013136496
Do apparently large minimum wage increases in an environment of recession produce clearer evidence of disemployment effects than is typically observed in the new minimum wage literature? This paper augments the sparse literature on the most recent increases in the U.S. minimum wage, using three...
Persistent link: https://www.econbiz.de/10013119284
We show that a minimum wage introduced in the presence of asymmetric information about worker productivities will lead to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric information
Persistent link: https://www.econbiz.de/10013160522
reduction in employment among low productivity workers but also shifts the distribution of hours for the available jobs in the … market, resulting in scarcity of part-time jobs. Thus, for sufficiently high employment costs, a minimum wage makes it less … using survey data from Turkey. I find significant reduction in employment due to the loss of part time jobs caused by the …
Persistent link: https://www.econbiz.de/10012724803
We estimate the impact of youth minimum wages on youth employment by exploiting a large discontinuity in Danish minimum wage rules at age 18, using monthly payroll records for the Danish population. The hourly wage jumps up by 40 percent at the discontinuity. Employment falls by 33 percent and...
Persistent link: https://www.econbiz.de/10012910529
We study a labor market where firm have private information about their ex-ante heterogeneous productivities and search is random. In this environment, a binding minimum wage can be efficiency-enhancing -- we show that setting it using a version of the Vickery-Clarke-Groves mechanism delivers...
Persistent link: https://www.econbiz.de/10012943759
The impact of changes in the minimum wage on employment is a politically charged topic that has been researched extensively. This paper analyzes what small business owners intend to do in the short term to pay for such an increase in labor costs. Since there are multiple ways a business can...
Persistent link: https://www.econbiz.de/10013053650
The minimum wage has increased in multiple states over the past three decades. Research has focused on effects on labor supply, but very little is known about how the minimum wage affects health, including children's health. We address this knowledge gap and provide an investigation focused on...
Persistent link: https://www.econbiz.de/10012986772
of taxation on both labour costs and the net income of employees. This paper presents estimates of the tax burdens facing …
Persistent link: https://www.econbiz.de/10013317239