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Estimates are presented of the inverse elasticity of supply of nursing services to the individual hospital, a quantity which is a natural measure of employer market power. The estimates corresponding to employment changes taking place over one year are quite high (in the neighborhood of 0.79)...
Persistent link: https://www.econbiz.de/10012777161
Estimates are presented of the inverse elasticity of supply of nursing services to the individual hospital, a quantity which is a natural measure of employer market power. The estimates corresponding to employment changes taking place over one year are quite high (in the neighborhood of 0.79)...
Persistent link: https://www.econbiz.de/10012476017
We extend the task-based empirical framework used in the job polarization literature to analyze the susceptibility of low-wage employment to technological substitution. We find that increases in the cost of low-wage labor, via minimum wage hikes, lead to relative employment declines at...
Persistent link: https://www.econbiz.de/10012963356
We extend the task-based empirical framework used in the job polarization literature to analyze the susceptibility of low-wage employment to technological substitution. We find that increases in the cost of low-wage labor, via minimum wage hikes, lead to relative employment declines at...
Persistent link: https://www.econbiz.de/10012964702
The authors estimate teacher demand and supply through 2020 to gauge the impact of baby boomer retirements on the demand for new teachers. They find that the projected demand will accelerate through at least 2020, and a good portion of this increase will be due to retirements. Still, this...
Persistent link: https://www.econbiz.de/10013153153
Using store-level and aggregated Consumer Price Index data, we show that restaurant prices rise in response to minimum wage increases under several sources of identifying variation. We introduce a general model of employment determination that implies minimum wage hikes cause prices to rise in...
Persistent link: https://www.econbiz.de/10014068130
This paper uses minimum wage hikes to evaluate the susceptibility of low-wage employment to technological substitution. We find that automation is accelerating and supplanting a broader set of low-wage routine jobs in the decade since the Financial Crisis. Simultaneously, low-wage interpersonal...
Persistent link: https://www.econbiz.de/10012828354