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because minimum wage increases unemployment, hence the marginal cost of redistribution is higher which gives a pretext for …
Persistent link: https://www.econbiz.de/10013318571
This paper examines empirically how industry-level wage floors are set in French industry-level wage agreements and how the national minimum wage (NMW) interacts with industry-level wage bargaining. For this, we use a unique data set containing about 48,000 occupation-specific wage floors, in...
Persistent link: https://www.econbiz.de/10012995503
domains with macro-structural relevance (employment protection legislation, unemployment benefits, wage setting). Reforms tend … improved activity rates and lower unemployment. …
Persistent link: https://www.econbiz.de/10010390074
least squares (RTPLS), asolution to the omitted variables problem, to estimate the percentage increase in unemployment due …. We find that the percentage change in the unemployment rate due to a onepercent change in the minimum wage ranges between …
Persistent link: https://www.econbiz.de/10014358462
Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the … consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover …
Persistent link: https://www.econbiz.de/10011415263
This paper adds two-sided ex-ante heterogeneity and a production technology inducing sorting to the canonical Diamond-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties of the model. The modifications...
Persistent link: https://www.econbiz.de/10011280707
-being, implementation of minimum wage laws can also be associated with increased unemployment and the movement of workers into the informal … empirically assess the effect of the minimum wage on unemployment, average wages, sector mobility, wage inequality, the size of …
Persistent link: https://www.econbiz.de/10011184464
of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …
Persistent link: https://www.econbiz.de/10010274565
This paper investigates whether increases in the minimum wage in France have the same impact on the average wage when intended to preserve the purchasing power of the minimum wage as when intended to raise it. We find that the impact of the minimum wage on the average wage is strong, but differs...
Persistent link: https://www.econbiz.de/10009771602