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Minimum wage increases are not a very effective mechanism for reducing poverty. They are not related to decreases in … poverty rates. They can cost some low-income workers their jobs. And most minimum wage earners who gain from a higher minimum … wage do not live in poor (or near-poor) families. A better tool for reducing poverty, and at lower cost, is the earned …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010786987
This paper analyzes the effects of the minimum wage on wage inequality, relative employment and over-education. We show that over-education can be generated endogenously and that an increase in the minimum wage can raise both total and low-skill employment, and produce a fall in inequality....
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011048157
Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in agriculture has declined, against the backdrop of ongoing urbanisation. Over 200 million people have been drawn into urban areas through official or unofficial migration, despite...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10008480477
Monopsony models imply that wages must be raised whenever additional workers are hired, and firms have permanent vacancies at existing wages. There is no evidence for this in low-wage markets, and our case study indicates a permanent queue of applicants, so one popular explanation for the...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005807938
Firing-cost-free temporary contracts were introduced in many European countries during the eigthies in order to fight high unemployment rates. Their rationale was to increase job creation in a context of high firing costs that were politically hard to decrease. Temporary contracts have become a...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10008784729
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005037361
This paper analyses the main features of the wage differences between permanent and fixed-term workers and what sources are driving these differences, including the role of labour market institutions. We analyse wage differences between permanent and fixed-term contracts across EU countries...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011204439
It is a well-known fact that temporary agency workers have to accept high pay penalties. However, remarkably little is known about the remuneration of workers who are frequently employed in this sector or who are employed for a substantial length of time. Based on a rich administrative data set,...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010818302
Although trainee pay is central to the economics of work-based training, institutionalists have paid it little attention, while economists typically assume that it is set by market clearing. We document large differences in the pay of metalworking apprentices in three countries: relative to the...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010739897
It is a well-known fact that temporary agency workers accept high wage penalties compared to permanent workers. However, remarkably little is known about the wages of workers who regularly take jobs in the temp sector or who do temp work for a substantial period of time. Based on a rich...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011051674