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Author : Paul Frijters
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (62 download)
Download or read book The Effect of a Minimum Wage on Unemployment in a Model of Team Production written by Paul Frijters and published by . This book was released on 1998 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Christopher J. Flinn
Publisher : MIT Press
ISBN 13 : 0262288761
Total Pages : 321 pages
Book Rating : 4.2/5 (622 download)
Download or read book The Minimum Wage and Labor Market Outcomes written by Christopher J. Flinn and published by MIT Press. This book was released on 2011-02-04 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The introduction of a search and bargaining model to assess the welfare effects of minimum wage changes and to determine an “optimal” minimum wage. In The Minimum Wage and Labor Market Outcomes, Christopher Flinn argues that in assessing the effects of the minimum wage (in the United States and elsewhere), a behavioral framework is invaluable for guiding empirical work and the interpretation of results. Flinn develops a job search and wage bargaining model that is capable of generating labor market outcomes consistent with observed wage and unemployment duration distributions, and also can account for observed changes in employment rates and wages after a minimum wage change. Flinn uses previous studies from the minimum wage literature to demonstrate how his model can be used to rationalize and synthesize the diverse results found in widely varying institutional contexts. He also shows how observed wage distributions from before and after a minimum wage change can be used to determine if the change was welfare-improving. More ambitiously, and perhaps controversially, Flinn proposes the construction and formal estimation of the model using commonly available data; model estimates then enable the researcher to determine directly the welfare effects of observed minimum wage changes. This model can be used to conduct counterfactual policy experiments—even to determine “optimal” minimum wages under a variety of welfare metrics. The development of the model and the econometric theory underlying its estimation are carefully presented so as to enable readers unfamiliar with the econometrics of point process models and dynamic optimization in continuous time to follow the arguments. Although most of the book focuses on the case where only the unemployed search for jobs in a homogeneous labor market environment, later chapters introduce on-the-job search into the model, and explore its implications for minimum wage policy. The book also contains a chapter describing how individual heterogeneity can be introduced into the search, matching, and bargaining framework.
Author : C. K. Brown
Publisher :
ISBN 13 :
Total Pages : 94 pages
Book Rating : 4.E/5 ( download)
Download or read book Effects of the Minimum Wage on Youth Employment and Unemployment written by C. K. Brown and published by . This book was released on 1980 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jacob Mincer
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.E/5 ( download)
Download or read book Unemployment Effects of Minimum Wages written by Jacob Mincer and published by . This book was released on 1976 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John M. Peterson
Publisher : American Enterprise Institute Press
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.F/5 ( download)
Download or read book Employment Effects of Minimum Wage Rates written by John M. Peterson and published by American Enterprise Institute Press. This book was released on 1969 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Card
Publisher : Princeton University Press
ISBN 13 : 1400880874
Total Pages : 455 pages
Book Rating : 4.4/5 (8 download)
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.
Author : Kenneth A. Swinnerton
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Minimum Wages in an Equilibrium Search Model with Diminishing Returns to Labor in Production written by Kenneth A. Swinnerton and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article analyzes a minimum wage in a market with imperfect information and job search. It establishes that employment effects of a minimum wage do not generally indicate welfare effects. It shows that researchers interested in welfare consequences should ask two questions. First, is the existing minimum wage binding? Second, do some firms that would be bound by a new minimum wage presently experience labor shortages? If the answers to these questions are no and yes, respectively, this article supports the conclusion that a higher minimum wage is welfare improving, regardless of its effect on the unemployment rate.
Author : Marvin H. Kosters
Publisher : American Enterprise Institute
ISBN 13 : 9780844770642
Total Pages : 142 pages
Book Rating : 4.7/5 (76 download)
Download or read book The Effects of the Minimum Wage on Employment written by Marvin H. Kosters and published by American Enterprise Institute. This book was released on 1996 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Clinton administration has claimed its proposal to increase the minimum wage would not affect employment; other research supports that a higher minimum wage means fewer jobs.
Author : Masanori Hashimoto
Publisher : AEI Studies
ISBN 13 :
Total Pages : 90 pages
Book Rating : 4.F/5 ( download)
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 90 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 :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4./5 ( download)
Download or read book Measuring the Impact of Minimum Wage Policies on the Economy written by and published by World Bank Publications. This book was released on with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Zhongzheng Lin
Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.F/5 ( download)
Download or read book The Employment Effects of Minimum Wages in Monopsony written by Zhongzheng Lin and published by . This book was released on 1999 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : J. J. Graafland
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.3/5 ( download)
Download or read book Modelling the Effects of Minimum Wages and Unemployment Benefits written by J. J. Graafland and published by . This book was released on 1993 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Edward N. Wolff
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.E/5 ( download)
Download or read book A Simulation Model of the Effects of an Increase in the Minimum Wage on Employment, Output and the Price Level written by Edward N. Wolff and published by . This book was released on 1980 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ronald J. Krumm
Publisher :
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.F/5 ( download)
Download or read book The Impact of the Minimum Wage on Regional Labor Markets written by Ronald J. Krumm and published by . This book was released on 1981 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The prosperity of the U.S. economy and the welfare of the population depend critically on the efficient allocation of resources not only in each area of production activity but also among all possible locations. Labor plays an essential role in the production process. If the trend in increased minimum wages continues in future years, the growth and decline of economic activity among regions can be substantially altered. The minimum wage impairs the location decisions of employers and employees, thereby altering the allocation of resources among regions. Regions that offer high amenity levels and low costs of producing consumption goods and services will become high-cost-of-labor areas, driving industries to other areas. The national minimum wage in this context is a barrier to the workings of a competitive and efficient economy, burdening the current and future earning power of low-skill workers and distributing economic activity inappropriately among the state"--Book jacket.
Author : Sandra Walsh
Publisher :
ISBN 13 :
Total Pages : 14 pages
Book Rating : 4.F/5 ( download)
Download or read book The Effect of the Minimum Wage on Unemployment written by Sandra Walsh and published by . This book was released on 1979 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sar A. Levitan
Publisher :
ISBN 13 :
Total Pages : 198 pages
Book Rating : 4.:/5 (321 download)
Download or read book More Than Subsistence written by Sar A. Levitan and published by . This book was released on 1979 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph reviewing the role of the minimum wage in the USA - commenting on fair labour standards labour legislation of 1938 traces historical aspects, and using econometric model studies, analyses the impact of minimum wages relating to poverty among low income workers, unemployment, etc., and discusses wage policy issues emanating from the 1977 congressional round and in context with the welfare state. Graphs, references and statistical tables.
Author : Simon Rottenberg
Publisher : A E I Press
ISBN 13 :
Total Pages : 560 pages
Book Rating : 4.F/5 ( download)
Download or read book The Economics of Legal Minimum Wages written by Simon Rottenberg and published by A E I Press. This book was released on 1981 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at a conference held at the American Enterprise Institute, Washington, D.C., Nov. 1 and 2, 1979. Includes bibliographies.
