نتایج جستجو برای: national minimum wage
تعداد نتایج: 562825 فیلتر نتایج به سال:
In this paper we prove that a graduated minimum wage rate can provide a Pareto improvement of an optimal allocation with nonlinear taxation. The reason is that a graduated minimum wage rate makes it harder for the more productive workers to mimic the income of the less productive workers. We also show that in a utilitarian social welfare optimum, the graduated minimum wage rate increases the co...
In a laboratory experiment we show 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 removed. Firms are therefore forced to pay higher wages after the removal of the minimum wage than before its introduction. As a c...
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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