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Common wisdom holds that the introduction of a non-binding minimum wage is irrelevant for actual wages and employment. Empirical and experimental research, however, has shown that the introduction of a minimum wage can raise even those wages that were already above the new minimum wage. In this...
Persistent link: https://www.econbiz.de/10010303816
Common wisdom holds that the introduction of a non-binding minimum wage is irrelevant for actual wages and employment. Empirical and experimental research, however, has shown that the introduction of a minimum wage can raise even those wages that were already above the new minimum wage. In this...
Persistent link: https://www.econbiz.de/10010270871
We study the spillover effects of minimum wages in a laboratory experiment. In a bilateral firm-worker bargaining setting, we find that the introduction of a minimum wage exerts upward pressure on wages even if the minimum wage is too low to be a binding restriction. Furthermore, raising the...
Persistent link: https://www.econbiz.de/10010278864
We examine behavioral gender differences and gender pairing effects in a laboratory experiment with face-to-face alternating-offers wage bargaining. Our results suggest that male players are able to obtain better bargaining outcomes than female players. Male employees get higher wages than...
Persistent link: https://www.econbiz.de/10010287199
Common wisdom holds that the introduction of a non-binding minimum wage is irrelevant for actual wages and employment. Empirical and experimental research, however, has shown that the introduction of a minimum wage can raise even those wages that were already above the new minimum wage. In this...
Persistent link: https://www.econbiz.de/10008663999
Common wisdom holds that the introduction of a non-binding minimum wage is irrelevant for actual wages and employment. Empirical and experimental research, however, has shown that the introduction of a minimum wage can raise even those wages that were already above the new minimum wage. In this...
Persistent link: https://www.econbiz.de/10003998028
We study the spillover effects of minimum wages in a laboratory experiment. In a bilateral firm-worker bargaining setting, we find that the introduction of a minimum wage exerts upward pressure on wages even if the minimum wage is too low to be a binding restriction. Furthermore, raising the...
Persistent link: https://www.econbiz.de/10009301190
We examine behavioral gender differences and gender pairing effects in a laboratory experiment with face-to-face alternating-offers wage bargaining. Our results suggest that male players are able to obtain better bargaining outcomes than female players. Male employees get higher wages than...
Persistent link: https://www.econbiz.de/10009571284
We conduct a laboratory experiment to study spillover effects of minimum wages on wages above the minimum. In a bilateral firm-worker bargaining setting, the participants sit face-to-face and make alternating offers. We find that the introduction of a minimum wage exerts upward pressure on wages...
Persistent link: https://www.econbiz.de/10010466534
Persistent link: https://www.econbiz.de/10010470157