Raising the minimum wage has been advanced as complementary policy to comprehensive immigration reform to improve low﹕killed immigrants' economic well‐being. While adverse labor demand effects could undermine this goal, existing studies do not detect evidence of negative employment effects. We re﹊n...
Using three separate state panels of administrative employment data, we find that the minimum wage reduces job growth over a period of several years. These effects are most pronounced for younger workers and in industries with a higher proportion of low-wage workers....
The vast majority of the new research, however, has been done in developed countries despite the fact that minimum wages are also widely employed with the intent of raising living standards of low- wage workers in developing countries. Anti-sweatshop campaigns also put pressure on developing ...
Increasingtheminimumwagewouldhavetwoprincipal effectsonlow-wageworkers.Mostofthemwouldreceive higherpaythatwouldincreasetheirfamily’sincome,and someofthosefamilieswouldseetheirincomeriseabove thefederalpovertythreshold.Butsomejobsforlow-wage workerswouldprobablybeeliminated,theincomeof mostworkerswhobecamejoblesswould...
The minimum wage makes low-skill work less affordable to employers, meaning that fewer people can be hired. Since work experience is a vital part of building a successful career, this means that fewer people will have the opportunity to move up the economic ladder. Rather than institute a ...
severe critique of the findings from much of the existing U.S. evidence on the employment effects of minimum wages using state-level panel data. They argue that this evidence is biased because of “a spurious negative relationship between the minimum wage and employment for low wage workers…”...
This paper examines the potential effects on inequality and poverty of a minimum wage increase, based on a microsimulation model that captures the details of household composition and the income tax and welfare benefit system and allows for labour supply responses. Results suggest that, largely due ...
Minimum wage refers to the lowest wage, which is permitted by the law in an economy. Minimum wage varies among countries with the third world countries having the least wages. The wages are as a result of payment done after completion of a certain activity....
Research on the family spillover effects of health shocks, which has focused mainly on labor market outcomes, has yielded inconclusive results, with limite
Minimum wage effects under monopsony are estimated in a three-regime endogenous switching regression model with unknown regimes, and the monopsony characterization of low-wage labor markets is tested against the competitive characterization. 展开 关键词: Effect of minimum wage on, Labor market, ...