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On the Interaction between Minimum Wage Adoption and Fiscal Redistribution : A Theoretical and Empirical Investigation

Economides, George - 2020

"blunt instrument" for redistribution. To do so we build a model in which workers are heterogeneous in ability, and the … government engages in redistribution through the public provision of private goods. We show that the MW institution is … politically viable only when there is a limited degree of in-kind redistribution. To examine the empirical relevance of our …

Persistent link: https://www.econbiz.de/10012830996

Minimum Wage, Trade and Unemployment in General Equilibrium

Marjit, Sugata - 2020

The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age-old conventional wisdom on its head. This paper demonstrates that this apparently paradoxical result is perfectly plausible in a competitive general equilibrium production...

Persistent link: https://www.econbiz.de/10012841731

The Econometrics and Economics of the Employment Effects of Minimum Wages : Getting from Known Unknowns to Known Knowns

Neumark, David - 2019

some insights from both theory and past evidence that may be informative about the effects of high minimum wages, and try …

Persistent link: https://www.econbiz.de/10012892198

Labor Market Effects of a Minimum Wage : Evidence from Ecuadorian Monthly Administrative Data

Choi, Jaerim; Rivadeneyra, Ivan; Ramirez, Kenia - 2021

When Ecuador raised its monthly Unified Minimum Wage from $170 to $200 in 2008, it affected 35 percent of all private sector workers. We use this unexpected minimum wage hike under former president Rafael Correa to assess the labor market impacts of the minimum wage. We use an administrative...

Persistent link: https://www.econbiz.de/10013235105

Employment and Reallocation Effects of Higher Minimum Wages

Drechsel-Grau, Moritz - 2023

This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model with endogenous job search effort and vacancy posting, multiple employment levels, a progressive tax-transfer system, and worker and firm heterogeneity. I find that minimum wages...

Persistent link: https://www.econbiz.de/10014356608

Wage and Employment Impact of Minimum Wage : Evidence from Lithuania

Garcia-Louzao, Jose; Tarasonis, Linas - 2022

This paper evaluates the worker-level eﬀects of a historically large and permanent increase in the minimum wage in Lithuania. Our identiﬁcation strategy leverages variation in workers’ exposure to the new minimum wage, and exploits the fact that there has been no increase in the minimum...

Persistent link: https://www.econbiz.de/10014242148

Abolishing the Martial Wage Premium in Greece : Employment and Participation Effects on Minimum Wage Workers

Kakoulidou, Theano; Konstantinou, Panagiotis; Moutos, Thomas - 2021

We estimate the employment and labour force participation effects resulting from the abolition of the marital allowance - a 10 percent mandatory top-up in the Minimum Wage (MW) for married individuals - in Greece in November 2012. Using data from the Greek LFS over the period 2008:Q1-2016:Q1 we...

Persistent link: https://www.econbiz.de/10013315248

Wage and employment effects of non-binding minimum wages

Dittrich, Marcus; Knabe, Andreas - 2010

Common wisdom holds that the introduction of a non-binding minimum wage is irrelevant for actual wages and employment. Empirical and experimental research, however, has shown that the introduction of a minimum wage can raise even those wages that were already above the new minimum wage. In this...

Persistent link: https://www.econbiz.de/10010270871

Endogenous monopsony and the perverse effect of the minimum wage in small firms

Danziger, Leif - 2009

The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...

Persistent link: https://www.econbiz.de/10010272317

Minimum Wage and Firm Variety

Jha, Priyaranjan; Rodríguez López, Antonio - 2021

Exploiting minimum-wage variation within multi-state commuting zones, we document a negative relationship between minimum wages and firm variety in the U.S. restaurant and retail trade industries. To explain this finding, we construct a heterogeneous-firm model with a monopsonistic labor market...

Persistent link: https://www.econbiz.de/10013211016