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We explore increases in the nominal minimum wage in a difference-in-differences setting to estimate match survival wage elasticity. The elasticity is negative and larger than one for matches directly affected by minimum wage increases, those with paying below the new minimum wage. The impact of...
Persistent link: https://www.econbiz.de/10010457857
Portuguese firms engage in intense reallocation, most employers simultaneously hire and separate from workers, resulting in a large heterogeneity of flows and excess turnover. Large and older firms have lower flows, but high excess turnover rates. In small firms, hires and separations move...
Persistent link: https://www.econbiz.de/10003921728
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Sequential analyses of the major workplace data sets available to British researchers - the Workplace Industrial/Employee Relations Surveys (WIRS/WERS) - have revealed shifts in some previously solid relationships between union presence and a variety of establishment performance indicators. So...
Persistent link: https://www.econbiz.de/10011411177
Do apparently large minimum wage increases in an environment of straightened economic circumstances produce clearer evidence of disemployment effects than is typically reported in the new economics of the minimum wage? The present paper augments the sparse literature covering the very latest...
Persistent link: https://www.econbiz.de/10009686210
Recent attempts to incorporate spatial heterogeneity in minimum-wage employment models have been attacked for using overly simplistic trend controls, and for neglecting the potential impact on employment growth. We investigate whether such considerations call into question our earlier findings...
Persistent link: https://www.econbiz.de/10010440736
Empirical investigation of the labor market consequences of employment protection has mushroomed since Lazear's (1990) pioneering study. Having sketched the theoretical background, we chart the course of the modern empirical literature. We focus mainly on dismissals protection, distinguishing...
Persistent link: https://www.econbiz.de/10011403997
This paper examines the pattern of employment adjustment in Portugal. First, the issue is addressed using a long time series of aggregate data. Although the employment data show persistence, there is nonetheless a fairly rapid rate of employment adjustment. Second, a much shorter time series of...
Persistent link: https://www.econbiz.de/10011404159
Reputation indexes of employment protection have proven popular constructs in studies of the covariation of labor market institutions and macroeconomic outcomes. Portugal occupies an unenviable rank order in such measures of the stringency of employment protection. We critique this reputation in...
Persistent link: https://www.econbiz.de/10011442864