Minimum Wages As A Barrier To Entry

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Minimum Wages and On-the-job Training

Author : Daron Acemoglu
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.X/5 (6 download)

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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.

Minimum Wages as a Barrier to Entry

Author : Ronald Bachmann
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Minimum Wages as a Barrier to Entry by : Ronald Bachmann

Download or read book Minimum Wages as a Barrier to Entry written by Ronald Bachmann and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyses employers' support for the introduction of industry-specific minimum wages as a cost-raising strategy in order to deter market entry. Using a unique data set consisting of 800 firms in the German service sector, we show that high-productivity employers support minimum wages. We further find some evidence that minimum wage support is higher in industries and regions with low barriers to entry. This is particularly the case in East Germany, where the perceived threat of low-wage competition from Central and Eastern European countries is relatively high. In addition, firms paying collectively agreed wages are more strongly in favour of minimum wages.

Pay Equity, Minimum Wage and Equality at Work

Author : Jill Rubery
Publisher :
ISBN 13 :
Total Pages : 90 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Pay Equity, Minimum Wage and Equality at Work by : Jill Rubery

Download or read book Pay Equity, Minimum Wage and Equality at Work written by Jill Rubery and published by . This book was released on 2003 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Myth and Measurement

Author : David Card
Publisher : Princeton University Press
ISBN 13 : 1400880874
Total Pages : 455 pages
Book Rating : 4.4/5 (8 download)

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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.

Assessing the Impact of Statutory Minimum Wages in Developing Countries

Author : International Labour Office
Publisher :
ISBN 13 :
Total Pages : 178 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Assessing the Impact of Statutory Minimum Wages in Developing Countries by : International Labour Office

Download or read book Assessing the Impact of Statutory Minimum Wages in Developing Countries written by International Labour Office and published by . This book was released on 1988 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Minimum Wages

Author : David Neumark
Publisher : MIT Press
ISBN 13 : 0262141027
Total Pages : 389 pages
Book Rating : 4.2/5 (621 download)

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Book Synopsis Minimum Wages by : David Neumark

Download or read book Minimum Wages written by David Neumark and published by MIT Press. This book was released on 2008 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.

Save Lives or Save the Rhetoric?

Author : David H. Goldenberg
Publisher : Rowman & Littlefield
ISBN 13 : 076187206X
Total Pages : 263 pages
Book Rating : 4.7/5 (618 download)

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Book Synopsis Save Lives or Save the Rhetoric? by : David H. Goldenberg

Download or read book Save Lives or Save the Rhetoric? written by David H. Goldenberg and published by Rowman & Littlefield. This book was released on 2021-01-28 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Save Lives or Save the Rhetoric? is for those who think for themselves and follow the logic and the evidence wherever it leads. It offers an alternative to believing what others tell us through the media, the pundits, the politicians and all those partisans who benefit from their particular narratives. Whether we know it or not, we are inundated with rhetoric that is based on the numerous forms of flawed reasoning and fallacies which are discussed in this book. The first step is to develop the skills needed to distinguish between rhetorical claims and evidence-based claims. This book provides a method to accomplish that. David H. Goldenberg presents and shows how to debug many currently relevant real world examples. Innovative discussion questions provide the reader an opportunity to practice and be actively involved. This book is not about taking positions but about learning how to analyze and assess them using logic, evidence, data analysis, and economics—not confirmation bias. Hopefully the reader will resist the rhetoric, with its reductionism and polarization, by depoliticizing their approach to this book’s intent and content. The goal of the examples, theory, case studies, economics, statistics, historical documents, and data analysis offered in Save Lives or Save the Rhetoric? is to provide citizens with an informed approach to examining and evaluating the issues, the rhetoric, and the evidence in order to ultimately make their own informed decisions. The second part of the book delves into concepts and methods that any intelligent citizen may apply in order to make informed decisions about policy proposals. The objective throughout is pedagogy, not partisanship: to help the reader better understand current events, better identify the rhetoric in partisan debates, and better evaluate public policy.

Law and Employment

Author : James J. Heckman
Publisher : University of Chicago Press
ISBN 13 : 0226322858
Total Pages : 585 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Law and Employment by : James J. Heckman

Download or read book Law and Employment written by James J. Heckman and published by University of Chicago Press. This book was released on 2007-11-01 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.

Labor Economics

Author : Pierre Cahuc
Publisher : MIT Press
ISBN 13 : 9780262033169
Total Pages : 896 pages
Book Rating : 4.0/5 (331 download)

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Book Synopsis Labor Economics by : Pierre Cahuc

Download or read book Labor Economics written by Pierre Cahuc and published by MIT Press. This book was released on 2004 with total page 896 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive graduate-level text and professional reference covering all aspects of labor economics.

Readings in Applied Microeconomics

Author : Craig Newmark
Publisher : Routledge
ISBN 13 : 1135969442
Total Pages : 618 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Readings in Applied Microeconomics by : Craig Newmark

Download or read book Readings in Applied Microeconomics written by Craig Newmark and published by Routledge. This book was released on 2009-06-16 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt: A central concern of economics is how society allocates its resources. Modern economies rely on two institutions to allocate: markets and governments. But how much of the allocating should be performed by markets and how much by governments? This collection of readings will help students appreciate the power of the market. It supplements theoretical explanations of how markets work with concrete examples, addresses questions about whether markets actually work well and offers evidence that supposed "market failures" are not as serious as claimed. Featuring readings from Hayek, William Baumol, Harold Demsetz, Daniel Fischel and Edward Lazear, Benjamin Klein and Keith B. Leffler, Stanley J. Liebowitz and Stephen E. Margolis, and John R. Lott, Jr., this book covers key topics such as: • Why markets are efficient allocators • How markets foster economic growth • Property rights • How markets choose standards • Asymmetric Information • Whether firms abuse their power • Non-excludable goods • Monopolies The selections should be comprehended by undergraduate students who have had an introductory course in economics. This reader can also be used as a supplement for courses in intermediate microeconomics, industrial organization, business and government, law and economics, and public policy.

Investing in Youth: Tunisia Strengthening the Employability of Youth during the Transition to a Green Economy

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264226478
Total Pages : 245 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis Investing in Youth: Tunisia Strengthening the Employability of Youth during the Transition to a Green Economy by : OECD

Download or read book Investing in Youth: Tunisia Strengthening the Employability of Youth during the Transition to a Green Economy written by OECD and published by OECD Publishing. This book was released on 2015-03-10 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a detailed diagnosis of the youth labour market in Tunisia, including a focus on vocational education and training and entrepreneurship.

Markets for Managers

Author : Anthony J. Evans
Publisher : John Wiley & Sons
ISBN 13 : 1118867955
Total Pages : 276 pages
Book Rating : 4.1/5 (188 download)

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Book Synopsis Markets for Managers by : Anthony J. Evans

Download or read book Markets for Managers written by Anthony J. Evans and published by John Wiley & Sons. This book was released on 2014-08-12 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible text that provides managers with a well-rounded economic awareness Successful managers possess an understanding of economic and market principles as they relate to business itself. Markets for Managers presents managerial economics in a casual, accessible format that will help management professionals take economic realities into account when running their companies or divisions. The book takes a global perspective while covering the full range of micro- and macroeconomic principles that managers around the world need to know. Complete with online resources that include further reading and a YouTube playlist, this guide puts business management practice within its economic context to produce a practical tool for managers. By understanding market operation and what might cause market failure, management professionals can lead companies that respond to market pressures and align operating strategies with economic realities. Monetary and fiscal policies affect businesses of all sizes, and in Markets for Managers, business leaders can learn how to read the ever-shifting fiscal landscape. Delivers market information tailored to managers and the managerial decision-making process Comprehensively explains macro- and microeconomic ideas in language that's accessible Provides concrete suggestions for utilizing market knowledge to improve internal operations and align incentives Helps managers build a global view of business for optimal decision making The practical format of Markets for Managers is perfect for professionals and students who want to gain an applied perspective on today's most pressing economic issues.

Economics

Author : Anthony J. Evans
Publisher : Do Sustainability
ISBN 13 : 1913019276
Total Pages : 519 pages
Book Rating : 4.9/5 (13 download)

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Book Synopsis Economics by : Anthony J. Evans

Download or read book Economics written by Anthony J. Evans and published by Do Sustainability. This book was released on 2021-03-18 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published as ‘Markets for Managers’, this book has proved to be a popular way for non-economists to understand and apply the key tools of economics. Professor Anthony J. Evans, one of Europe’s leading Managerial Economics instructors, brings the content that works in his classrooms to an even wider audience. Written in an engaging and informal way, whether you are a busy executive or simply an interested amateur this is your go-to guide. In this revised and updated edition, you will be led through the building blocks of economic theory and how they relate to the real world. You will see how thinking like an economist can improve your decision making, and how markets can be used to generate value within organizations and in society at large. The book incorporates the main principles of both micro and macroeconomics and takes a broad and diverse approach. In it you will encounter the most interesting economists and understand their contributions in a historical context. The practical format is perfect for professionals and students who want to gain an applied perspective on today’s most pressing economic issues.

Restructuring the Labour Market

Author : Guy Standing
Publisher : International Labour Organization
ISBN 13 : 9789221095132
Total Pages : 524 pages
Book Rating : 4.0/5 (951 download)

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Book Synopsis Restructuring the Labour Market by : Guy Standing

Download or read book Restructuring the Labour Market written by Guy Standing and published by International Labour Organization. This book was released on 1996 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic and Fiscal Consequences of Immigration

Author : National Academies of Sciences, Engineering, and Medicine
Publisher : National Academies Press
ISBN 13 : 0309444454
Total Pages : 643 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis The Economic and Fiscal Consequences of Immigration by : National Academies of Sciences, Engineering, and Medicine

Download or read book The Economic and Fiscal Consequences of Immigration written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-07-13 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.

Labor markets in an era of adjustment

Author :
Publisher : World Bank Publications
ISBN 13 : 9780821326800
Total Pages : 404 pages
Book Rating : 4.3/5 (268 download)

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Book Synopsis Labor markets in an era of adjustment by :

Download or read book Labor markets in an era of adjustment written by and published by World Bank Publications. This book was released on 1994 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Report of the Minimum Wage Study Commission: Commission findings and recommendations

Author : United States. Minimum Wage Study Commission
Publisher :
ISBN 13 :
Total Pages : 282 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Report of the Minimum Wage Study Commission: Commission findings and recommendations by : United States. Minimum Wage Study Commission

Download or read book Report of the Minimum Wage Study Commission: Commission findings and recommendations written by United States. Minimum Wage Study Commission and published by . This book was released on 1981 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Report of a Commission on social implications, economic implications and political aspects of the minimum wage and overtime requirements of the Fair Labor Standards Act, labour legislation, USA, 1938 - presents research results and recommendations commenting on the impact on employment and unemployment, inflation, minimum wage indexation, income distribution, exemptions, noncompliance, etc. And research papers giving demographic aspects, national level, local level, regional level and sectoral details. Graphs, references and statistical tables.,