نتایج جستجو برای: national minimum wage

تعداد نتایج: 562825  

2007
Marcus Dittrich

The paper analyses the links between a binding minimum wage and union bargaining. A dual labour market model is developed where the rst sector outcome is characterised by bargaining between unions and rms, while in the second sector rms have to pay a statutory minimum wage. It is shown that a minimum wage increase has negative employment e ects only if the bargaining outcome is described by the...

2000
Thomas C. Leonard

Disagreements among economists rarely breach the academy’s walls. The recent minimum-wage controversy is a significant exception. At first glance, all the sound and fury is a puzzle.1 Minimum-wage effects, at least for current U.S. magnitudes, are small potatoes.2 Of several more important policy concerns—entitlement reform, health insurance, CPI calculation, for example—none has generated anyt...

2003
Armin Falk Ernst Fehr Christian Zehnder

The prevailing labor market models assume that minimum wages do not affect the labor supply schedule. We challenge this view in this paper by showing experimentally that minimum wages have significant and lasting effects on subjects’ reservation wages. The temporary introduction of a minimum wage leads to a rise in subjects’ reservation wages which persists even after the minimum wage has been ...

2011
Yukiko Abe

This paper surveys issues associated with the minimum wage and its economic impacts in Japan. First, I discuss how the minimum wage is discussed in recent political debates. Next, I explain economic factors surrounding the Japanese labor market that are related to the minimum wage: specifically, I take up the issues of globalization and “mismatch” (i.e., a labor shortage exists in some industri...

2015
George Deltas

This paper investigates the possibility that the imposition of a minimum wage increases employment in the affected sector, measured in terms of hours of work, and lowers product prices. Unlike related prior theoretical research, I consider a neoclassical perfect information economy. Both labor and product markets are assumed to be perfectly competitive. Workers choose the number of hours of wor...

2001
Rebecca Riley Garry Young

The New Deal for Young People (NDYP) is one of the main components of the UK government’s Welfare-to-Work strategy aimed at raising employment and reducing benefit dependency. It combines elements of an active labour market programme with a stricter benefit regime. This paper evaluates its impact on the wider economy, emphasising the importance of the programme’s effect on wage pressure, which ...

2013
Alexander Muravyev Aleksey Oshchepkov John Earle Hartmut Lehmann Francesco Pastore Sergei Roshchin

This paper revisits labor market effects of the minimum wage by taking advantage of a unique institutional setting and rich data from Russia covering 89 regions over 10 years, from 2001 to 2010. Our empirical analysis draws on the methodology introduced by Neumark and Wascher, in which labor market outcomes at the regional level are related to the relative minimum wage (captured by the Kaitz in...

2007
Arindrajit Dube T. William Lester Michael Reich

We use policy discontinuities at state borders to identify the effects of minimum wages on earnings and employment in restaurants and other low-wage sectors. Our approach generalizes the case study method by considering all local differences in minimum wage policies between 1990 and 2006. We compare all contiguous county-pairs in the United States that straddle a state border and find no advers...

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