Minimum wage is one of the most studied topics in economics. This paper examines some of the most important issues related to the effects of raising minimum wage, based on new contributions in theoretical and empirical research, roughly since 2008. Our purpose was to find in the literature an...
百度试题 题目Which of the following effects does raising the minimum wage have on unemployment?相关知识点: 试题来源: 解析 Increases unemployment 反馈 收藏
What are the positive effects of raising minimum wage? What are some of the disadvantages of an increase in the minimum wage? What is the effect of minimum wage on employment? What is the impact of the minimum wage on employment? What are the effects of an increase in the minimum wage?
To estimate the impact of raising the minimum wage on employment, this article uses a natural experiment, arising from six increases in the Western Austral... A Leigh - 《Australian Economic Review》 被引量: 101发表: 2003年 The effects of minimum wages on employment Federal Reserve Bank of ...
It is the interaction of this supply-side mechanism with the, better understood, demand-side transmission mechanism of the minimum wage to employment which determines the overall effect of the minimum wage on unemploymentFootnote 1. A higher reservation wage contributes to non participation in less ...
In all three specifications of the model, the effects of raising the minimum wage on the numbers of people in the labor force and those who are unemployed are positive and statistically significant. Using the parameter estimates from Specification 2, a 100% increase (i.e., doubling) in the ...
And second, the gains from these higher wages for low-wage workers accrue to low-income families. While raising wages of low-wage workers via living wages may seem a natural way to fight poverty, there are two reasons why such mandates may not help to achieve this goal, aside from the ...
Because eating and drinking places employ many workers at or near the minimum wage, a logical question is: “Will raising the minimum wage significantly increase prices of food away from home?” Section snippets Economic models of cost pass-through to prices At the risk of oversimplification, ...
This section explores several important economic efficiency consequences of taxation. In particular, we are interested in the impact of taxes on economic growth, deadweight loss and employment. Other issues such as the impact of taxes on investment and competitiveness await future research. ...
Case studies of a particular change in the minimum wage in a particular industry typically used only a short time horizon (raising obvious concerns about missing lags in disemployment effects), and in covering individual cases raised problems of inference and external validity. For their part, the...