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This paper aims to quantify the impact of the minimum wage on labour market performance in the Czech Republic. Using regional data for 1995-2004, it estimates the effect of the minimum wage adjusted for regional wage differential on the regional unemployment. Consequently, using detail...
Persistent link: https://www.econbiz.de/10010322179
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 wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10010324545
Why do not people evade more taxes when their gain from evasion is higher than the expected penalties? Why does only a small minority evade when a large majority is willing to? These tax evasion puzzles are explained in a labour market framework where employees may combine reported work in firms...
Persistent link: https://www.econbiz.de/10010330237
Gegenstand dieses Beitrages ist die Untersuchung des Mindestlohnes hinsichtlich seiner Auswirkungen auf die Beschäftigung in den theoretischen Modellen und empirischen Studien sowie der rechtlichen Rahmenbedingungen und der Ursachen der Mindestlohndebatte.
Persistent link: https://www.econbiz.de/10010368392
This contribution gives an overview of the main results of our theoretical research on the stability and change of labour market institutions. We use so-called models of unionised oligopolies which are borrowed from the theory of industrial organization in order to analyse the effects of...
Persistent link: https://www.econbiz.de/10011650736
einem höheren Anreiz, einen Job anzunehmen. Der signifikante, nicht-lineare empirische Zusammenhang zwischen Mindestlohn und … beziehungsweise in Ländern mit hoher Arbeitsproduktivität ist ein höherer Mindestlohn ohne negative Beschäftigungseffekte möglich. Für … Deutschland kommen die Autoren zu dem Ergebnis, dass der derzeitige Mindestlohn beinahe dem Optimalen entspricht. Es zeigt sich …
Persistent link: https://www.econbiz.de/10012018046
In oligopsonistic labour markets, firms have some market power, and a wedge is created between wages and marginal product. When oligopsonistic firms' production technology requires generally trained workers, firms may therefore receive part of the returns to general training and be willing to...
Persistent link: https://www.econbiz.de/10010262512
Like many transition economies, Slovenia is undergoing profound changes in the workings of the labor market with potentially greater flexibility in terms of both wage and employment adjustment. We investigate the impact of the changing labor market for Slovenia using unique longitudinal matched...
Persistent link: https://www.econbiz.de/10010262681
Although there is a large literature on the economic effects of minimum wages on labour market outcomes (especially employment), there is hardly any evidence on their impact on firm performance. This is surprising: minimum wages appear to have a significant impact on wages, but only a limited...
Persistent link: https://www.econbiz.de/10010267300
We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose only decisions are whether to work, or not, have heterogeneous productivities and opportunity costs of work. Given its preferences for redistribution, the government, which does not observe the...
Persistent link: https://www.econbiz.de/10010268275