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in particular. Companies' wage costs increased, and as productivity did not change, profits declined. …
Persistent link: https://www.econbiz.de/10015332009
Over the last 30 years, researchers have disputed the mixed evidence of the effect of the minimum wage on teenage employment in the United States. Whenever the minimum wage has positive or no effects on employment, they appeal to monopsony models to explain their results. However, very few of...
Persistent link: https://www.econbiz.de/10012391092
This study examines the short-term effects of the introduction of a statutory minimum wage in Germany on hourly wages, monthly wages and paid working hours. We exploit a novel panel dataset by linking the Structure of Earnings Survey (SES) 2014 and the Earnings Survey (ES) 2015 and apply a...
Persistent link: https://www.econbiz.de/10015332019
This study investigates the relationship between minimum wage policies and educational choices, specifically the decision between vocational and general school enrollment. While higher minimum wages often attract students to vocational education as a faster route to employment, our analysis of...
Persistent link: https://www.econbiz.de/10015120790
Revisiting research from the 1990s from Castillo-Freeman and Krueger, I use the synthetic control method of Abadie et al. to estimate the impact of the most recent increase in the federal minimum wage on employment in Puerto Rico. I estimate that the employment/population ratio of various groups...
Persistent link: https://www.econbiz.de/10012804674
regulation, minimum wages and employment protection legislation (EPL), on employment, earnings, and productivity. Strong and …
Persistent link: https://www.econbiz.de/10015361201
Consistent with Convention 87 of the International Labour Organization (ILO), Section 79 of the Labour Act, 2003 (Act 651) empowers every employee in an organization to either form or join a trade union of their choice for the promotion and protection of their economic and social interests. In...
Persistent link: https://www.econbiz.de/10014503137
alignment with productivity. The paper reviews the limited available empirical literature on the association of the minimum wage … minimum wage follows productivity developments and whether the minimum wage bites leads to the second and third takeaways of … the paper. The minimum wage follows productivity developments over the longer term but not always in the short term. The …
Persistent link: https://www.econbiz.de/10015332003
We assess the effects of a sharp minimum wage increase on wages, informality, and employment in Turkey, a large developing economy with one of the highest minimum wage-to-average wage ratios among OECD countries and widespread discrepancies between labor market outcomes of women and of men. We...
Persistent link: https://www.econbiz.de/10012391183
During the last decade, unemployment in Greece climbed up to 28%, almost quadrupling due to the economic crisis that hit Greece. In the present paper, we examine the determinants of the unemployment dynamics and the impact of the minimum wage on the probability of making a transition into and...
Persistent link: https://www.econbiz.de/10013198902