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This paper estimates the effect of minimum wage regulation in 16 OECD countries, 1970-2008. Our treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study using panel methods to estimate minimum wage effects among teenagers and young adults. Apart from the longer time...
Persistent link: https://www.econbiz.de/10010274565
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
price elasticity of remittances is around 0.4. While most studies have examined the impact of remittances on the real …
Persistent link: https://www.econbiz.de/10010275918
We suggest the first large-scale international comparison of labor supply elasticities for 17 European countries and the US, separately by gender and marital status. Measurement differences are netted out by using a harmonized empirical approach and comparable data sources. We find that own-wage...
Persistent link: https://www.econbiz.de/10010287662
We address the effects of wages on employment growth on the basis of a theoretical model from which cost and demand effects can be derived. In the empirical analysis we take a highly disaggregated perspective and apply a newly developed shift-share regression technique on an exhaustive and very...
Persistent link: https://www.econbiz.de/10010261880
Switzerland, traditionally a ?zero unemployment? economy, has seen an unprecedented rise in joblessness in the 1990s although unemployment fell again to a rather low level after 1997. This paper tests whether Switzerland experienced a negative relative net demand shock against the low skilled...
Persistent link: https://www.econbiz.de/10010262112
and labor-demand elasticities. This weakness of labor demand elasticity in practice is perhaps explained by the tight …
Persistent link: https://www.econbiz.de/10010261844
In order to learn more about the wage elasticity of the teacher supply in Switzerland, this paper estimates wages for …-1999. The data allows us to estimate the wage elasticity for entry wages of upper secondary school teachers. In the cases … examined, the wage differential is highly significant and shows a wage elasticity for the teacher supply of 0.12% to 0 …
Persistent link: https://www.econbiz.de/10010261950
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which …
Persistent link: https://www.econbiz.de/10010262430
Traditionally, labour supply data do not include much information on hours and wages in secondary job or overtime work. In this paper, we estimate labour supply models based on survey information on hours and wages in overtime work and second job which is merged to detailed register information...
Persistent link: https://www.econbiz.de/10010262528