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Minimum Wages And Training Revisited
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Book Synopsis Minimum Wages and Training Revisited by : David Neumark
Download or read book Minimum Wages and Training Revisited written by David Neumark and published by . This book was released on 1998 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theory predicts that minimum wages will reduce employer-provided on-the-job training designed to improve workers' skills on the current job, but may increase the amount of training that workers obtain to qualify for a job. We estimate the effects of minimum wages on the amount of both types of training received by young workers by exploiting cross-state variation in minimum wage increases. The evidence provides considerable support for the hypothesis that higher minimum wages reduce training (especially formal training) aimed at improving skills on the current job. At the same time, there is little or no evidence that minimum wages increase training undertaken to qualify for or obtain jobs. Consequently, it appears that, overall, minimum wages substantially reduce training received by young workers.
Book Synopsis Minimun Wages and Training Revisited by : David Neumark
Download or read book Minimun Wages and Training Revisited written by David Neumark and published by . This book was released on 1998 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Minimum Wages and On-the-job Training by : Daron Acemoglu
Download or read book Minimum Wages and On-the-job Training written by Daron Acemoglu and published by . This book was released on 1999 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers, because they prevent these workers from taking wage cuts necessary to finance training. We show that when the assumption of perfectly competitive labor markets underlying this theory is relaxed, minimum wages can increase training of affected workers, by inducing firms to train their unskilled employees. More generally, a minimum wage increases training for constrained workers, while reducing it for those taking wage cuts to finance their training. We provide new estimates on the impact of the state and federal increases in the minimum wage between 1987 and 1992 of the training of low wage workers. We find no evidence that minimum wages reduce training. These results are consistent with our model, but difficult to reconcile with the standard theory of human capital.
Book Synopsis Minimum Wages and On-the-job Training by : Masanori Hashimoto
Download or read book Minimum Wages and On-the-job Training written by Masanori Hashimoto and published by AEI Studies. This book was released on 1981 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on effects of minimum wages regarding on the job training in the USA - considers impacts on employment and unemployment, demonstrates that on-the-job training increases wages and that minimum wages reduce the extent of training, and presents an empirical economic model, and wage policy alternatives. Bibliography pp. 69 to 72, diagrams and graphs.
Author :United States. Congress. House. Committee on Education and the Workforce Publisher : ISBN 13 : Total Pages :548 pages Book Rating :4.0/5 ( download)
Book Synopsis Minimum Wage by : United States. Congress. House. Committee on Education and the Workforce
Download or read book Minimum Wage written by United States. Congress. House. Committee on Education and the Workforce and published by . This book was released on 2000 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inequality and Poverty Re-Examined by : Stephen P. Jenkins
Download or read book Inequality and Poverty Re-Examined written by Stephen P. Jenkins and published by OUP Oxford. This book was released on 2007-09-20 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issues surrounding poverty and inequality continue to be of central concern to academics, politicians and policy makers but the ways in which we seek to study and understand them continue to change over time. This accessible book seeks to provide a guide to some of the new approaches that have been developed in the light of international initiatives to reduce poverty and the notable changes in income inequality and poverty that have occurred across many western countries in recent years. These new approaches have to some degree been facilitated by the emergence of new techniques and a growing availability of data that enable cross national comparisons not only of income but also of measures of welfare such as educational achievement, nutritional status in developing countries and wealth and deprivation indicators in the developed world. Including specially commissioned research from a distinguished list of international authors, this volume makes a real contribution to the public debate surrounding inequality and poverty as well as providing new empirical information about them from around the world.
Book Synopsis Myth and Measurement by : David Card
Download or read book Myth and Measurement written by David Card and published by Princeton University Press. This book was released on 2015-12-22 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: From David Card, winner of the Nobel Prize in Economics, and Alan Krueger, a provocative challenge to conventional wisdom about the minimum wage David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important implications for public policy as well as for the direction of economic research, the authors put standard economic theory to the test, using data from a series of recent episodes, including the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs. A distinctive feature of Card and Krueger's research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when the minimum wage rises for some workers but not for others. In addition, the authors critically reexamine the previous literature on the minimum wage and find that it, too, lacks support for the claim that a higher minimum wage cuts jobs. Finally, the effects of the minimum wage on family earnings, poverty outcomes, and the stock market valuation of low-wage employers are documented. Overall, this book calls into question the standard model of the labor market that has dominated economists' thinking on the minimum wage. In addition, it will shift the terms of the debate on the minimum wage in Washington and in state legislatures throughout the country. With a new preface discussing new data, Myth and Measurement continues to shift the terms of the debate on the minimum wage.
Book Synopsis Measuring Labour Markets in Canada and the United States by : Keith Godin
Download or read book Measuring Labour Markets in Canada and the United States written by Keith Godin and published by The Fraser Institute. This book was released on 2009 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Right to a Living Wage by : Matt Uhler
Download or read book The Right to a Living Wage written by Matt Uhler and published by Greenhaven Publishing LLC. This book was released on 2017-07-15 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the disappearance of well-paying jobs and the increasing cost of living, it’s becoming more and more difficult to stay afloat in the United States. Workers who earn the minimum wage often can’t afford the most basic needs. In response, more than 100 U.S. cities have issued living wage ordinances, requiring payments that allow workers to afford food, clothing, shelter, utilities, and healthcare. It may seem obvious that everyone wins with a living wage. But does paying out a living wage help or harm the economy? Should corporations be forced to pay them? What is society’s responsibility to its workers?
Book Synopsis Living Wage Movements by : Deborah M. Figart
Download or read book Living Wage Movements written by Deborah M. Figart and published by 清华大学出版社有限公司. This book was released on 2004-02-19 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Living wage activism has spanned time and space, reaching across decades and national boundaries. Conditions generating living wage movements early in the twentieth century have resurfaced in the twenty-first century, only on a global scale: 'sweated' labour, macroeconomic instability, and job insecurity. Upon reviewing the empirical evidence, the book's contributors make strong cases both for and against living wage activism. The effective blend of historical, contemporary, and global perspectives provides opportunities for teachers, scholars, and activists to evaluate how we can address low pay at the organizational and macroeconomic levels.
Book Synopsis What Does the Minimum Wage Do? by : Dale Belman
Download or read book What Does the Minimum Wage Do? written by Dale Belman and published by W.E. Upjohn Institute. This book was released on 2014-07-07 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: Belman and Wolfson perform a meta-analysis on scores of published studies on the effects of the minimum wage to determine its impacts on employment, wages, poverty, and more.
Download or read book Minimum Wages in China written by Shi Li and published by Springer Nature. This book was released on 2020-05-25 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the positive and negative impacts of the minimum wage policy in China. Since China enacted its first minimum wage law in 1994, the magnitude and frequency of changes in the minimum wage have been substantial, both over time and across jurisdictions. The results from China’s experience show that rapidly increasing minimum wages have helped increase average wages and reduce the gender wage gap, income inequality, and poverty. However, the fast-rising minimum wage has also resulted in the loss of employment for young adults, women, low-skilled workers, and migrant workers. Additionally, higher minimum wages have a negative impact on firm profitability and adverse effects on firm’s human capital investment. In summary, the Chinese minimum wage policy has shown both positive and negative impacts on the affected workers. Through unpacking these findings, the book highlights the importance of rigorous research to inform evidence-based policymaking and provides lessons for other transitional and developing economies.
Download or read book Southern Economic Journal written by and published by . This book was released on 1927 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Informality Revisited by : William Francis Maloney
Download or read book Informality Revisited written by William Francis Maloney and published by World Bank Publications. This book was released on 2003 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author develops a view of the informal sector in developing countries primarily as an unregulated micro-entrepreneurial sector and not as a disadvantaged residual of segmented labor markets. Drawing on recent work from Latin America, he offers alternative explanations for many of the characteristics of the informal sector customarily regarded as evidence of its inferiority.
Book Synopsis Work-related Training and the New National Minimum Wage in Britain by : Wiji Arulampalam
Download or read book Work-related Training and the New National Minimum Wage in Britain written by Wiji Arulampalam and published by . This book was released on 2003 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Unheavenly City Revisited by : Edward C. Banfield
Download or read book The Unheavenly City Revisited written by Edward C. Banfield and published by . This book was released on 1974 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revision of The unheavenly city. Bibliography: p. [291]-292.
Book Synopsis On-the-job Training by : Harley Frazis
Download or read book On-the-job Training written by Harley Frazis and published by Now Publishers Inc. This book was released on 2007-01-09 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: On-the-Job Training surveys the recent literature from both a theoretical and empirical perspective. The analysis of how individuals obtain and are paid for their skills is fundamental to labor economics. The basic idea of human capital theory is that workers and firms invest in workers' skills in order to increase their productivity, much as persons invest in financial or physical assets to earn income. Workers develop many skills through formal education not tied to an employer, but an important part of their skills are learned on the job. On-the-Job Training focuses on recent literature including empirical research using direct measures of training and theoretical papers inspired by findings from this empirical work. The authors presents a theoretical model showing that costs and returns to general human capital may be shared if training increases mobility costs, if there are constraints on lowering wages, or if there is uncertainty about the value of training at competing employers. This model analyzes the choice of the amount of training, emphasizing the influence of whether the employer can commit to training prior to employment. In addition, the model implies that firms will attempt to match low-turnover workers with training opportunities, which is supported by the empirical literature.
