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This article studies minimum wage non-compliance in Honduras, a dual labor market with high wage floors that are weakly enforced. However, rather than just counting how many workers earn sub-minimum wages, it also estimates violation indices that measure compliance at the intensive margin. I...
Persistent link: https://www.econbiz.de/10011431640
The implications of a binding minimum wage law on employment have been the subject of a lively and ongoing debate. Estimation of employment effects may be hindered by the non-random manner in which minimum wage laws are created. To overcome this, we explore the employment implications of the...
Persistent link: https://www.econbiz.de/10014518043
We study the impact of the minimum wage hike in Seattle from $9.47 to $13 on wagebill, labor demand, and firm revenue using administrative data from the state of Washington. We show that the minimum wage affected businesses both at the intensive and extensive margins. At the intensive margin,...
Persistent link: https://www.econbiz.de/10011986797
Several empirical minimum wage studies have recently been published that simulate employment effects of a federal minimum wage in Germany. We disentangle various factors that explain the variation in previous simulation results. Based on data from the German Socio-Economic Panel and the newly...
Persistent link: https://www.econbiz.de/10003858715
In this paper employment effects of a sectoral minimum wage in the German construction sector are estimated from a single cross-sectional wage distribution using parametric and semi-parametric models. Parametric functional form assumptions seem too restrictive and lead to implausible results. We...
Persistent link: https://www.econbiz.de/10009267845
Using merged administrative datasets from Minnesota, we bring new evidence on the labor market effects of large minimum wage increases by examining the policy changes implemented by Minneapolis and Saint Paul. We begin by using synthetic difference-in-differences methods to estimate...
Persistent link: https://www.econbiz.de/10013334456
Diskussion rund um den Mindestlohn und für die Einordnung der Ergebnisse des oft zitierten Beitrages von Card und Krueger (1994 …) von Bedeutung zu sein. -- Arbeitsmarkt ; Monopson ; Substitutionselastizität und Ausbeutungsgrad …The market forms of monopsony/oligopsony are about the only ones where the introduction of minimum wages goes along …
Persistent link: https://www.econbiz.de/10009668292
This paper investigates the degree of monopsony power of employers in different industries against the background of a …
Persistent link: https://www.econbiz.de/10013000548
This paper investigates the degree of monopsony power of employers in different industries against the background of a …
Persistent link: https://www.econbiz.de/10012989840
This paper studies the effects of the minimum wage on the life cycle of firms. We first build a tractable model where heterogeneous firms have labor market power, invest in innovation, and choose formal or informal sectors. The model predicts that a minimum wage hike not only shrinks young and...
Persistent link: https://www.econbiz.de/10014529916