Further tests provide additional evidence that the existence of prevailing wage laws is responsive to economic conditions.doi:10.1016/0094-1190(83)90048-7Werner Z. HirschAnthony M. RufoloElsevier Inc.Journal of Urban EconomicsHirsch, Werner Z., and Rufolo, Anthony M. "Effects of Prevailing Wage ...
The regulators would allow them to raise their rates! I saw this very thing happen back in the 1970s when living in Denver. At the time, the effects of a recession reduced consumer use of electricity and the state regulators allowed rates to rise to compensate! Real, competitive, businesses...
If private enterprise can’t, or won’t, provide a minimum wage, much less a living wage, then the Federal Govt should be the provider of last resort. IMO, this could be administered and supervised with relative ease on a state and local basis. Such state and local administration and sup...
As recommendation for future studies, it would be compelling to understand how State actions impacted other variables, such as employment rates, bankruptcy, and the perception of risk and uncertainty by entrepreneurs. Author Contributions Conceptualization, H.M.F.P. and M.S.M.S.; methodology, H...
(3) Setting the purchase price in 2022 at CNY 47,654.44 per person while maintaining an average annual growth rate of 6.10% will match the per capita wage income level of urban workers nationwide in 2035. Based on the research results, it is proposed that payment for ecosystem services (...
the government borrowed funds from overseas and ran up huge budgetary deficits, in part to finance large industrial developments; in the early 1980s it placed a freeze onwagesand prices; and it attempted to regulate interest rates. Dissatisfaction with that program led in 1984 to the election of...
New Prevailing Wage Legislation in Pittsburgh and Allegheny County: De...Raymond N. Baum