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Minimum wages in concentrated labor markets
Popp, Martin - 2021
Economists increasingly refer to monopsony power to reconcile the absence of negativeemployment effects of minimum wages with theory. However, systematic evidence for themonopsony argument is scarce. In this paper, I perform a comprehensive test of monop-sony theory by using labor market...
Persistent link: https://www.econbiz.de/10012793056
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Catching hipo's : screening, wages and unemployment
Janssen, Maarten C. W. - 2000
In this paper, I study the wage a firm sets to attract high abilityworkers (hipo's) in situationsof unemployment. I show that the higher unemployment, the larger afirm's incentives to sorthigh and low ability workers. Moreover, workers will signal their(high) ability in situationsof (high)...
Persistent link: https://www.econbiz.de/10011303310
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Worker beliefs about outside options
Jäger, Simon; Roth, Christopher; Roussille, Nina; … - 2021
Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers underestimate wages elsewhere. We document this anchoring bias by eliciting workers' beliefs in a representative survey in Germany and comparing them to measures of actual outside...
Persistent link: https://www.econbiz.de/10012801411
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Spatial heterogeneity and the wage curve revisited
Longhi, Simonetta; Nijkamp, Peter; Poot, Jacques - 2004
Most "wage curve" studies treat local labour markets as independent "islands" in the national economy. However, when a local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to lower pay rates if employers fear outward migration...
Persistent link: https://www.econbiz.de/10011335216
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Estimating the effect of an increase in the minimum wage on hours worked and employment in Ireland
McGuinness, Séamus; Redmond, Paul - 2018
On the 1st of January 2016 the Irish National Minimum Wage increased from €8.65 to €9.15 per hour, an increase of approximately six percent. We use a difference-in-differences estimator to evaluate whether the change in the minimum wage affected the hours worked and likelihood of job loss of...
Persistent link: https://www.econbiz.de/10011880306
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Optimal minimum wages
Gabriel, Ahlfeldt,; Roth, Duncan; Seidel, Tobias - 2022
Persistent link: https://www.econbiz.de/10012798864
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Did the 2008 minimum wage increase in Curaçao affect epmplement?
Rigaud, Christopher M. - 2023
Persistent link: https://www.econbiz.de/10014248398
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Der Traum vom Mindestlohn: Ein Ländervergleich
Tiltag, Andreas - 2007
Ein gesetzlicher Mindestlohn erzeugt Träume. Positiv sieht er so aus: jede arbeitende Person verdient genug, um aus … einen Mindestlohn und keine hohe Arbeitslosigkeit. Unberücksichtigt in dieser Aussage bleibt der Einfluss anderer …). Es zeigt sich, dass ein Mindestlohn nur im Zusammenhang mit anderen Regelungen auf dem Arbeitsmarkt zutreffend beurteilt …
Persistent link: https://www.econbiz.de/10010278193
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Minimum wage, trade and unemployment in general equilibrium
Marjit, Sugata; Ganguly, Shrimoyee; Acharyya, Rajat - 2020
The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age-old conventional wisdom on its head. This paper demonstrates that this apparently paradoxical result is perfectly plausible in a competitive general equilibrium production...
Persistent link: https://www.econbiz.de/10012162484
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Estimating the effects of the minimum wage in a developing country : a density discontinuity design approach
Jales, Hugo - 2017
This paper proposes a framework to identify the effects of the mini- mum wage on the joint distribution of sector and wage in a developing country. I show how the discontinuity of the wage distribution around the minimum wage identifies the extent of non-compliance with the minimum wage policy,...
Persistent link: https://www.econbiz.de/10012112129