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This paper explores the notion that minimum wages affect different low-skilled workers asymmetrically due to productivity differences. In a search model with worker heterogeneity, a rising minimum wage lowers the employment and labor force participation of the least productive workers by pricing...
Persistent link: https://www.econbiz.de/10012869454
We assess alternative research designs for minimum wage studies. States in the U.S. with larger minimum wage increases differ from others in business cycle severity, increased inequality and polarization, political economy, and regional distribution. The resulting time-varying heterogeneity...
Persistent link: https://www.econbiz.de/10010195464
The purpose of this article is to evaluate the effect of the newly increased minimum wage, as per the Fair Labor Standards Act, on the unemployment rate. While Congress executed the Act to help lower class workers, they executed it negligently in a recession that has been intense and ongoing....
Persistent link: https://www.econbiz.de/10013146694
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
Youth unemployment has become a severe economic and societal problem in many European countries. Based on the existing empirical evidence on different policy options, this chapter draws lessons for future policy making in order to effectively promote youth employment in Europe. In conclusion,...
Persistent link: https://www.econbiz.de/10011582723
Die Diskusssion über die Auswirkungen des allgemeinen gesetzlichen Mindestlohns in Deutschland ist in vollem Gange. Erste Evaluationsergebnisse zeigen, dass der Mindestlohn in Deutschland nur einen moderaten Beschäftigungsverlust nach sich zog, wobei langfristige Auswirkungen zum jetzigen...
Persistent link: https://www.econbiz.de/10011502361
This paper presents results from the third year of a multi-year, pre-committed research design for analyzing recent minimum wage changes. Using ACS and CPS data through 2017, we find that relatively large minimum wage increases reduced employment among low-skilled individuals by just over 2...
Persistent link: https://www.econbiz.de/10012022684
This paper presents results from the fourth year of a multi-year, pre-committed research design for analyzing recent minimum wage changes. Using ACS and CPS data through 2018, we find that relatively large minimum wage increases reduced employment among low-skilled individuals by roughly 2.5...
Persistent link: https://www.econbiz.de/10012227457
This paper presents results from the first year of a multi-year, pre-committed research design for analyzing recent state-level minimum wage changes. Through 2015 and 2016, we estimate that relatively large statutory minimum wage increases have reduced employment among low-skilled population...
Persistent link: https://www.econbiz.de/10011820737
This paper studies the impact of the minimum wage on immigration. A framework is presented in which inflows of immigrants are a function of the expected wage growth induced by the minimum wage. The analysis focuses on the US minimum wage increase of 1996 and 1997, using data from the Current...
Persistent link: https://www.econbiz.de/10009315290