Showing 1 - 10 of 136
We reassess the effect of state and federal minimum wages on U.S. earnings inequality, attending to two issues that … reduces inequality in the lower tail of the wage distribution (the 50/10 wage ratio), but the impacts are typically less than …
Persistent link: https://www.econbiz.de/10009643566
This paper assesses the impact of the National Minimum Wage (NMW) on employment and inequality in the UK over the … increased bite of the NMW is associated with falls in lower tail wage inequality. Moreover, while the average employment effect …
Persistent link: https://www.econbiz.de/10008694935
and fiscal policies during the recession, reductions in real producer wages and relatively buoyant real consumer wages …
Persistent link: https://www.econbiz.de/10010700448
The recession of 2008-09 inflicted a larger cumulative loss of UK output than any of the previous post-war recessions, yet there has been a relatively low loss of employment, at least so far. Paul Gregg and Jonathan Wadsworth look for an explanation.
Persistent link: https://www.econbiz.de/10009416226
relative to one's parents on job and life satisfaction, preferences for redistribution, pro-public sector attitudes and voting … favourable attitudes to redistribution and the public sector, greater upward mobility is associated with more Left-wing attitudes …
Persistent link: https://www.econbiz.de/10010722843
have occurred due to changes in factor prices: a large fall in real wages and increases in the cost of capital. In previous … recessions real wages did not fall, but reforms to union strength and welfare have made wages more sensitive to negative demand …
Persistent link: https://www.econbiz.de/10010663542
Using the Young Finns Study (YFS) combined with the Finnish Linked Employer-Employee Data (FLEED) we show that quantities of creatine measured in 1980 prior to labour market entry affect labour market outcomes over the period 1990-2010. Those with higher levels of creatine (proxied by urine...
Persistent link: https://www.econbiz.de/10010784083
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … share of both the "very unhappy" and the "perfectly happy". Lower happiness inequality is found both between and within …
Persistent link: https://www.econbiz.de/10010945135
will tend to be higher in countries with higher inequality and with greater pro-rich bias in the political system …. Conversely, the use of income tax will be higher in countries with lower inequality and less pro-rich bias. The model also … predicts that although inequality and political bias will have an impact on the composition of revenue, it will have no effect …
Persistent link: https://www.econbiz.de/10005797253
This paper presents a historical database on educational attainment in 74 countries for the period 1870-2010, using perpetual inventory methods before 1960 and then the Cohen and Soto (2007) database. The correlation between the two sets of average years of schooling in 1960 is equal to 0.96. We...
Persistent link: https://www.econbiz.de/10005256472