We exploit the non-linearity in the level of minimum wages across US States created by the coexistence of federal and … state regulations to investigate how minimum wages affect the labor market impact of immigration. We find that the effects ….S. States with low minimum wages (i.e., where the federal minimum wage is binding). The results are robust to instrumenting …

unemployment which we model in a price-wage-setting framework. Simulating a counterfactual scenario without restrictions for … migration from new EU members countries, we find moderate negative wage effects, combined with increased unemployment for some …

various performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that … high taxes increase unemployment, while active labour market policies tend to reduce it. We also show that stricter …

We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect …

their workforce when trade unions raise wages. This tames the unions, which causes wage moderation and raises aggregate … rates, labor market conditions improve so much that some unions enforce higher wages and let their firms shrink. This …

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner’s model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade … unions lower their claims for wage mark-ups resulting in lower wage growth and lower unemployment. This paper uses …