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Working 40 Hours or Not Working 39: Lessons from the 1981 Mandatory Reduction of Weekly Working Hours

Crépon, Bruno; Kramarz, Francis - C.E.P.R. Discussion Papers - 1999

of tackling their unemployment problem. …

Persistent link: https://www.econbiz.de/10005789204

Searching for the Virtues of the European Model

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994

The distributional effects of the minimum wage are analysed in a model where skilled and unskilled labour enter the production function. It is argued that distributional goals are best achieved by letting the labour market clear and achieving redistribution through taxes and transfers.

Persistent link: https://www.econbiz.de/10005791667

Is There a Trade-off between Unemployment and Productivity Growth?

Gordon, Robert J - C.E.P.R. Discussion Papers - 1995

unemployment, and relatively greater income equality, with the opposite path being pursued by the United States. While structural … shocks may initially create a positive trade-off between productivity and unemployment, they set in motion a dynamic path of … contributions of this paper are to show how a productivity-unemployment trade-off might emerge and how it might subsequently …

Persistent link: https://www.econbiz.de/10005114412

Restaurant Prices and the Minimum Wage

Fougère, Denis; Gautier, Erwan; Le Bihan, Hervé - C.E.P.R. Discussion Papers - 2008

We examine the effect of the minimum wage on restaurant prices. For that purpose, we estimate a price rigidity model by exploiting a unique dataset of individual price quotes used to calculate the Consumer Price Index in France. We find a positive and significant impact of the minimum wage on...

Persistent link: https://www.econbiz.de/10005792028

The Endogenous Determination of Minimum Wage

Epstein, Gil S; Nitzan, Shmuel - C.E.P.R. Discussion Papers - 1999

In this paper we study the endogenous determination of minimum wage employing a political-economic game-theoretic approach. A major objective of the paper is to clarify the crucial role of the strength of the workers' union and of political culture on the determination of the minimum wage. In...

Persistent link: https://www.econbiz.de/10005497998

Optimal Taxation and Monopsonistic Labour Market: Does Monopsony Justify the Minimum Wage?

Cahuc, Pierre; Laroque, Guy - C.E.P.R. Discussion Papers - 2007

We analyze optimal taxation in an economy with monopsonistic labour markets. The individuals, whose only decisions are whether to work, or not, have heterogeneous productivities and opportunity costs of work. Given its preferences for redistribution, the government, which does not observe the...

Persistent link: https://www.econbiz.de/10005504333

Endogenous Distortions in Product and Labour Markets

Rama, Martin; Tabellini, Guido - C.E.P.R. Discussion Papers - 1995

This paper uses the common agency approach to analyse the joint determination of product and labour market distortions in a small (developing) open economy. Capital owners and union members lobby the government on both tariffs and minimum wages, while other factors of production are not...

Persistent link: https://www.econbiz.de/10005504496

Disentangling the Minimum Wage Puzzle: An Analysis of Job Accessions and Separations from a Longitudinal Matched Employer-Employee Data Set

Cardoso, Ana Rute; Portugal, Pedro - C.E.P.R. Discussion Papers - 2001

Changes in legislation in mid-80s Portugal provide remarkable conditions for economic analysis, as the minimum wage increased very sharply for a very specific group of workers. Relying on a matched employer-employee panel dataset, we model gross job flows - accessions and separations - in...

Persistent link: https://www.econbiz.de/10005067546

Youth Employment Policies In France

Fougère, Denis; Kramarz, Francis; Magnac, Thierry - C.E.P.R. Discussion Papers - 2000

In this paper, we present a summary of recent microeconometric results on the evaluation of the effects of active labour market policies on youth employment in France. We focus our discussion on three types of policies: (1) youth employment schemes for out-of-employment and low-skilled young...

Persistent link: https://www.econbiz.de/10005114364

Controversies about the Rise in American Inequality: A Survey

Dew-Becker, Ian; Gordon, Robert J - C.E.P.R. Discussion Papers - 2008

This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill-biased technical change; inequality among high incomes;...

Persistent link: https://www.econbiz.de/10005123580