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Measuring the effects minimum wages have on wage inequality and employment is complex, and troubled by endogeneity …
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In several OECD countries employer federations and unions fix skill-specific wage floors for all workers in an industry. One view of those "explicit" contracts argues that the prevailing wage structure reflects the labor market conditions back at the time when those contracts were bargained,...
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find significant effects from minimum wages on employment and monthly wages. However, we find a considerable negative …
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Just as the standard two-way fixed effects model for estimating the impact of minimum wages on employment has been … policy is also alleged to obtain in such circumstances where the true effect of minimum wages is upon employment growth … statistically insignificant employment effects for an archetypal low-wage sector. We report that a continued focus on employment …
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This paper studies how minimum wage policies affect firm employment in China using a unique county level minimum wage … or large profit margin increase employment, while those with low wages or small profit margin downsize. The increase in … the monopsony rent of firms.Our results provide evidence for the theoretical predictions of the positive minimum wage-employment …
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This paper considers the effects of union-bargained minimum wages on transitions into and out of employment in the … non-negligible employment effects (except for teenagers during 1993-98). The evidence regarding decreasing minimum wages …
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