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This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010238837
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010369825
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010371904
Persistent link: https://www.econbiz.de/10000549981
Persistent link: https://www.econbiz.de/10000676913
Persistent link: https://www.econbiz.de/10000607692
Persistent link: https://www.econbiz.de/10001376882
In the standard macroeconomic search and matching model of the labor market, there is a tight link between the … quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … tight link is at odds with the empirical literature. We show that a two-sided model of labor market search where the …
Persistent link: https://www.econbiz.de/10011625891
Persistent link: https://www.econbiz.de/10010495164
In the standard macroeconomic search and matching model of the labor market, there is a tight link between the … quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … tight link is at odds with the empirical literature. We show that a two-sided model of labor market search where the …
Persistent link: https://www.econbiz.de/10012111816