Showing 1 - 10 of 447
We analyze the impact of the UK national minimum wage (NMW) on the employment of young workers. The previous literature found little evidence of an adverse impact of the NMW on the UK labor market. We focus on the age-related increases in the NMW at 18 and 22 years of age. Using regression...
Persistent link: https://www.econbiz.de/10010668469
We first show three major disagreements among today’s leading economists: the minimum wage, the effects of large government debt and the politics of the European Central Bank. Using a prominent and highly relevant example, the possible deterrent effect of death penalty, we demonstrate how...
Persistent link: https://www.econbiz.de/10011103401
This paper presents the properties of optimal piecewise linear tax systems for two-earner households, based on joint and individual incomes respectively. A key contribution is the analysis of the interaction between second earner wage differences, variation in the price of child care and...
Persistent link: https://www.econbiz.de/10010877775
save dynastically and middle income households who save for retirement. We find that inequality is reduced the higher the … efficiency and inequality: middle income households’ consumption is maximal at a higher capital tax rate than high income …
Persistent link: https://www.econbiz.de/10010754656
This paper examines the measurement of social welfare, poverty and inequality taking into account reference … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on …
Persistent link: https://www.econbiz.de/10010607471
We propose a theory of skill mobility across cities. It predicts the well documented city size-wage premium: the wage distribution in large cities first-order stochastically dominates that in small cities. Yet, because this premium is reflected in higher house prices, this does not necessarily...
Persistent link: https://www.econbiz.de/10008799725
Using longitudinal data on individuals from the European Community Household Panel for thirteen countries during 1995-2001, I investigate the wage premium for permanent jobs relative to temporary jobs. For men, the wage premium for a permanent job is lower for older workers and native born...
Persistent link: https://www.econbiz.de/10010877919
We employ a comprehensive matched employer-employee data set for Brazil to analyze wage determinants and compare results to Abowd, Kramarz, Margolis and Troske (2001) for French and U.S. manufacturing. Returns to education and experience in Brazilian manufacturing exceed those of the other...
Persistent link: https://www.econbiz.de/10005766015
. This study applies recent panel data and estimation approaches that control for hitherto neglected biases. We compare the …
Persistent link: https://www.econbiz.de/10005766091
Persistent link: https://www.econbiz.de/10011803322