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The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...
Persistent link: https://www.econbiz.de/10005788942
analysis indicates how the changes can segment the labour market into an expanding sector of restructured firms where wages are … rising, a contracting sector of traditional firms where wages are relatively stagnant, and an expanding pool of the …; the widening dispersion of wages within occupational, educational, and job tenure groups in the United Kingdom and the …
Persistent link: https://www.econbiz.de/10005789077
This paper uses establishment level data from the British Workplace Industrial Relations Survey (WIRS) to examine the effects of new technology on pay. The wage differential associated with new technology is about 5-7% and is (i) robust to corrections for skill, workplace disamenities, and...
Persistent link: https://www.econbiz.de/10005067373
In order to offer a balanced assessment of the role of minimum wages in the Welfare State, seven basic questions need … different countries?; (iii) To what extent do minimum wages have the adverse consequences that standard analysis predict?; (iv …) Are there strong theoretical grounds underlying the revisionist results?; (v) Who supports minimum wages?; (vi) Under …
Persistent link: https://www.econbiz.de/10005792459