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This study uses employment data on California county-industry pairs (CIPs) between 1990 and 2016 to test whether minimum wage increases caused employment growth to slow most in the CIPS with a large share of low wage workers. Evidence supports the hypothesis, and we use the estimates to simulate...
Persistent link: https://www.econbiz.de/10012906475
We study the impact of monthly minimum wages on the labor market with a new model that is broadly applicable to countries where monthly, weekly, or daily minimum wages are established. We show that in the absence of overtime regulations, an increase in monthly minimum wages will increase working...
Persistent link: https://www.econbiz.de/10013292075
The purpose of this article is to evaluate the effect of the newly increased minimum wage, as per the Fair Labor Standards Act, on the unemployment rate. While Congress executed the Act to help lower class workers, they executed it negligently in a recession that has been intense and ongoing....
Persistent link: https://www.econbiz.de/10013146694
According to federal law in 2013, employers can take a credit of up to $5.13 for tips received by workers in satisfying the minimum wage requirement of $7.25. This study uses interstate variation in laws regarding tip credits and minimum wages to identify the effects of reducing or eliminating...
Persistent link: https://www.econbiz.de/10013080093
The paper examines the effects of the age-differentiated decreases in the minimum wage which Greece implemented in 2012, and which involved the introduction of a subminimum wage as a result of the reduction of the minimum wage by 22% for workers aged 25 and above, and by 32% for those aged less...
Persistent link: https://www.econbiz.de/10011921979
Ein gesetzlicher Mindestlohn erzeugt Träume. Positiv sieht er so aus: jede arbeitende Person verdient genug, um aus … einen Mindestlohn und keine hohe Arbeitslosigkeit.“ Unberücksichtigt in dieser Aussage bleibt der Einfluss anderer …). Es zeigt sich, dass ein Mindestlohn nur im Zusammenhang mit anderen Regelungen auf dem Arbeitsmarkt zutreffend beurteilt …
Persistent link: https://www.econbiz.de/10005628470
We document two new facts about the market-level response to minimum wage hikes: firm exit and entry both rise. These results pose a puzzle: canonical models of firm dynamics predict that exit rises but that entry falls. We develop a model of firm dynamics based on putty-clay technology and show...
Persistent link: https://www.econbiz.de/10010352173
This study uses employment data on California county-industry pairs (CIPs) between 1990 and 2016 to test whether minimum wage increases caused employment growth to slow most in the CIPS with a large share of low wage workers. Evidence supports the hypothesis, and we use the estimates to simulate...
Persistent link: https://www.econbiz.de/10011984560
We document two new facts about the market-level response to minimum wage hikes: firm exit and entry both rise. These results pose a puzzle: canonical models of firm dynamics predict that exit rises but that entry falls. We develop a model of firm dynamics based on putty-clay technology and show...
Persistent link: https://www.econbiz.de/10010739555
This paper attempts to investigate the impact of sectoral wage laws in South Africa. Specifically, we examine the impact of minimum wage laws promulgated in the Retail, Domestic work, Forestry, Security, and Taxi sectors using 15 waves of biannual Labour Force Survey data for the 2000-2007...
Persistent link: https://www.econbiz.de/10010766059