منابع مشابه
Wage Inequality, Minimum Wage Effects and Spillovers
This paper investigates possible spillover effects of the UK minimum wage. The halt in the growth in inequality in the lower half of the wage distribution (as measured by the 50:10 percentile ratio) since the mid 1990s, in contrast to the continued inequality growth in the upper half of the distribution, suggests the possibility of a minimum wage effect and spillover effects on wages above the ...
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In this study we investigate the minimum wage (MW) effects for a German sub-construction sector where the MW bites extraordinary hard by international standards. Within a quasiexperiment we estimate the Quantile Treatment Effects of the MW on the conditional and unconditional distribution of earnings. For Eastern Germany, the results indicate significant real (nominal) wage increases that rippl...
متن کاملStagnation and minimum wage: Optimal minimum wage policy in macroeconomics
This paper argues how an increase in minimum wage affects employment, consumption, and social welfare with dynamic general equilibrium model without market frictions. The study demonstrates that a minimum wage hike reduces an actual unemployment rate and has positive effects on an employment rate under the demand-shortage economy whereas they do not under a non-demand shortage economy. The stud...
متن کاملEffects of the Minimum Wage on Employment Dynamics
The voluminous literature on minimum wages offers little consensus on the extent to which a wage floor impacts employment. We argue that the minimum wage will impact employment over time, through changes in growth rather than an immediate drop in relative employment levels. We show that commonly-used specifications in this literature, especially those that include state-specific time trends, wi...
متن کاملDo Minimum Wage Price Effects Hurt the Poor More?,
Whether, and to what extent, minimum wage legislation helps the poor is a crucial question for policymakers. Recent academic empirical work has sparked a heated debate with two clear sides: those who find evidence of adverse employment effects -in line with the standard theoretical prediction and those who fail to find such evidence (Freeman, 1996; Brown, 1999). If firms do not respond to minim...
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ژورنال
عنوان ژورنال: Journal of Human Resources
سال: 2007
ISSN: 0022-166X,1548-8004
DOI: 10.3368/jhr.xlii.2.435