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This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010877633
the share of the outsourced workforce is not too large, this wage-moderation effect on domestic employment outweighs the … direct substitution effect so that domestic employment increases in unionized firms as outsourcing costs fall. This does not … for employment. However, except for low outsourcingactivities, the impact of these policy measures will become smaller as …
Persistent link: https://www.econbiz.de/10005181655
We offer a unified framework to analyze the determination of employment, employee effort, wages, profit-sharing and … offset the negative dilution effect in equilibrium. Leverage is shown to decrease employment and to have a strategic …
Persistent link: https://www.econbiz.de/10005094457