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The author analyzes job search behavior of unemployed workers who may search for work in several sectors of the economy. Although reservation wages are equal in each sector, workers search more intensively in sectors with lower layoff rates. Thus workers more quickly find and accept jobs with...
Persistent link: https://www.econbiz.de/10005746553
We present evidence on the effects of minimum wages on family incomes. The results indicate that minimum wages increase both the probability that poor families escape poverty and the probability that previously nonpoor families fall into poverty. The estimated increase in the flow into poverty...
Persistent link: https://www.econbiz.de/10005746702
Existing meta-analysis approaches to testing for publication bias are problematic when applied to time-series studies in economics because changes in parameters can generate spurious evidence of publication bias. The authors suggest an alternative test in such contexts and apply it to...
Persistent link: https://www.econbiz.de/10005449742