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Endogenous monopsony and the perverse effect of the minimum wage in small firms
Danziger, Leif - 2009
The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...
Persistent link: https://www.econbiz.de/10010269415
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Endogenous monopsony and the perverse effect of the minimum wage in small firms
Danziger, Leif - 2009
. -- Endogenous monopsony ; minimum wage ; noncompliance ; small firms …
Persistent link: https://www.econbiz.de/10003879354
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Endogenous monopsony and the perverse effect of the minimum wage in small firms
Danziger, Leif - 2009
. -- endogenous monopsony ; minimum wage ; noncompliance ; small firms …
Persistent link: https://www.econbiz.de/10003872293
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Endogenous Monopsony and the Perverse Effect of the Minimum Wage in Small Firms
Danziger, Leif - 2009
The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...
Persistent link: https://www.econbiz.de/10013157531
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Endogenous Monopsony and the Perverse Effect of the Minimum Wage in Small Firms
Danziger, Leif - 2021
The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...
Persistent link: https://www.econbiz.de/10013316334
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Minimum wages in concentrated labor markets
Popp, Martin - 2021
Economists increasingly refer to monopsony power to reconcile the absence of negativeemployment effects of minimum wages with theory. However, systematic evidence for themonopsony argument is scarce. In this paper, I perform a comprehensive test of monop-sony theory by using labor market...
Persistent link: https://www.econbiz.de/10012793056
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Minimum wages in concentrated labor markets
Popp, Martin - 2021
ökonomischen Theorie in Einklang zu bringen. In der Literatur finden sich jedoch kaum systematische Belege für das Monopson …-Argument. In diesem Beitrag führe ich einen umfassenden Test der Monopson-Theorie durch, indem ich Indizes der …Monopson-Macht wird zunehmend angeführt, um das Ausbleiben negativer Beschäftigungseffekte von Mindestlöhnen mit der …
Persistent link: https://www.econbiz.de/10012795776
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Minimum wages in monopsonistic labor markets
Corella, Luis Felipe Munguia - In: IZA Journal of Labor Economics 9 (2020) 1/7, pp. 1-28
Over the last 30 years, researchers have disputed the mixed evidence of the effect of the minimum wage on teenage employment in the United States. Whenever the minimum wage has positive or no effects on employment, they appeal to monopsony models to explain their results. However, very few of...
Persistent link: https://www.econbiz.de/10012391092
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Understanding "wage theft" : evasion and avoidance responses to minimum wage increases
Clemens, Jeffrey; Strain, Michael R. - 2019
A holistic assessment of the labor market effects of minimum wage regulation requires understanding employer compliance. The economics literature has paid little attention to this issue. We investigate how minimum wage increases and the strength of enforcement regimes affect the prevalence of...
Persistent link: https://www.econbiz.de/10011983297
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Endogenous Monopsony and the Perverse Effect of the Minimum Wage in Small Firms
Danziger, Leif - CESifo - 2009
The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...
Persistent link: https://www.econbiz.de/10005010148