Technology, Employment and Wages

نویسندگان
چکیده

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Minimum Wages and Employment

We review the burgeoning literature on the employment effects of minimum wages – in the United States and in other countries – that was spurred by the new minimum wage research beginning in the early 1990s. Our review indicates that there is a wide range of existing estimates and, accordingly, a lack of consensus about the overall effects on low-wage employment of an increase in the minimum wag...

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Minimum Wages and Employment: Reply

The results of my study (Leigh 2003, 2004) on the effect of minimum wages on employment have been brought into question by Watson (2004), which raises some potential methodological concerns. Careful reanalysis of the Western Australian minimum wage experiment demonstrates that this critique is not well founded. Further checks show that the results are robust to a number of alternative specifica...

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Standard new Keynesian models assume the functional distribution of income is irrelevant. This stands in contrast to much of the public debate which presumes that a shift in the distribution of income towards workers will boost aggregate demand and employment. Under this latter view, falling wages during a recession can worsen unemployment. In contrast, neoclassical economics often views unempl...

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We argue that, since activities providing political information are complementary with leisure, increased labor market activity should lower voter turnout, doing so least in elections with ubiquitous information. Using county-level data, we find that increased wages and employment: reduce gubernatorial turnout; do not affect Presidential turnout; and raise the share of persons casting a Preside...

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Does increasing the minimum wage lead to employment losses? For many years most economists thought that the answer to this was a straightforward ‘yes’. However, research during the 1990s began to overturn this conventional wisdom and showed that increases in the minimum wage did not automatically lead to employment losses. A recent Australian study, by Leigh (2003), examined the impact of statu...

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ژورنال

عنوان ژورنال: Labour

سال: 2001

ISSN: 1121-7081,1467-9914

DOI: 10.1111/1467-9914.00161