Showing 1 - 10 of 25
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/10011595637
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/10011587090
Persistent link: https://www.econbiz.de/10012034368
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/10012251904
Persistent link: https://www.econbiz.de/10015046459
Persistent link: https://www.econbiz.de/10012121777
Persistent link: https://www.econbiz.de/10000975151
Persistent link: https://www.econbiz.de/10001563028
This paper presents evidence that spending increases more than income, and thus debt rises, in households with minimum wage workers following a minimum wage hike. Furthermore, we show that the size, timing, persistence, and composition of spending is inconsistent with the basic certainty...
Persistent link: https://www.econbiz.de/10005520001
This article finds that a federal minimum wage hike would boost the real income and spending of minimum wage households. The impact could be sufficient to offset increasing consumer prices and declining real spending by most non-minimum-wage households and, therefore, lead to an increase in...
Persistent link: https://www.econbiz.de/10010725083