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The Impact of Minimum Wage on Food Away From Home Expenditure Using Structural Equation Model

Seok, Jun Ho - 2018

This paper develops the proxy variable for food away from home price to solve the omitted variable problem in FAFH expenditure. Secondly, this paper incorporates two equations for FAFH price and demand to capture the minimum wage shock on food away from home expenditure. Decomposing food away...

Persistent link: https://www.econbiz.de/10012933378

Compensatory Justice and Basic Income

Groot, Loek F. M. - 2012

What is the most plausible and feasible conception of compensatory justice (CJ)? What conditions are required to achieve it? The general assertion of this chapter is that the more favorable the conditions under which people can freely choose their labor market careers, the more scope there is...

Persistent link: https://www.econbiz.de/10013096944

Minimum Wages, Minimum Labour Costs and the Tax Treatment of Low-Wage Employment

Immervoll, Herwig - 2021

International comparisons of minimum-wage levels have largely focused on minimum wages before tax, ignoring the effects of taxation on both labour costs and the net income of employees. This paper presents estimates of the tax burdens facing minimum-wage workers. Results show the evolution of...

Persistent link: https://www.econbiz.de/10013317239

Multiple Equilibria and Minimum Wages in Labor Markets with Informational Frictions and Heterogeneous Production Technologies

van den Berg, Gerard J. - 2021

It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...

Persistent link: https://www.econbiz.de/10013319881

Getting it Right : Employment Subsidy or Minimum Wage?

Strobl, Eric; Walsh, Frank A. - 2021

In monopsony models of the labour market either a minimum wage or an employment subsidy financed by a lump sum tax on profits can achieve the efficient level of employment and output. Incorporating working conditions into a monopsony model where higher wages raise firm labour supply, but less...

Persistent link: https://www.econbiz.de/10013320135

The Endogenous Determination of Minimum Wage

Epstein, Gil S.; Nitsan, Shemuʾel - 2021

In this paper we study the endogenous determination of minimum wage employing a political-economic approach. A major objective of the paper is to clarify the crucial role of the strength of the workers' union and if political culture on the determination of the minimum wage. In general, the...

Persistent link: https://www.econbiz.de/10013321376

Law, Morality, and Catholic Social Teaching on Family Living Wage : Analyzing the Adequacy and Morality of the Minimum Wage in the Philippines

Ballano, Vivencio - 2022

This article illustrates that what is legal may not necessarily be moral for the Roman Catholic Church (RCC) in the Philippines. Using sociological and theological perspectives and secondary data to compare the minimum wage and the family living wage of non-agricultural workers in Metro Manila,...

Persistent link: https://www.econbiz.de/10013308854

The Race Between Education, Technology, and the Minimum Wage

Vogel, Jonathan - National Bureau of Economic Research - 2023

slowly move up the job ladder. Guided by my theory, I present evidence that these dynamic effects are present and powerful … to the minimum wage is small on impact and grows dramatically over time. To verify my theory's mechanisms, I additionally … theory and my empirical results on the skill premium). On the basis of these theoretical and empirical results, I conclude …

Persistent link: https://www.econbiz.de/10014247949

Effects of the Minimum Wage on the Nonprofit Sector

Meer, Jonathan; Tajali, Hedieh - National Bureau of Economic Research - 2023

The nonprofit sector's ability to absorb increases in labor costs differs from the private sector in a number of ways. We analyze how nonprofits are affected by changes in the minimum wage utilizing data from the Bureau of Labor Statistics and the Internal Revenue Service, linked to state...

Persistent link: https://www.econbiz.de/10014287382

Minimum wage for Italy : from social justice to productive efficiency : minimum wages

Dosi, Giovanni; Virgillito, Maria Enrica - In: Intereconomics : review of European economic policy 59 (2024) 4, pp. 231-235

This article discusses the case of the minimimum wage for Italy as a policy instrument to foster both social justice and productive efficiency. After briefly reviewing the empirical evidence on the effects of minimum wages upon employment, wage distribution and firm-level reallocation, it...

Persistent link: https://www.econbiz.de/10015046764