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The Impact Of Minimum Wages On Job Training
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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.
Book Synopsis Minimum Wages and On-the-Job Training by : Jörn-Steffen Pischke
Download or read book Minimum Wages and On-the-Job Training written by Jörn-Steffen Pischke and published by . This book was released on 2008 with total page 0 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. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of affected workers because they induce firms to train their unskilled employees. We provide new estimates on the impact of the state and federal increases in the minimum wage between 1987 and 1992 on the training of low wage workers. We find no evidence that minimum wages reduce training, and little evidence that they tend to increase training. We therefore develop a hybrid model where minimum wages reduce the training investments of workers who were taking wage cuts to finance their training, while increasing the training of other workers. Finally, we provide some evidence consistent with this hybrid model.
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.
Book Synopsis The Impact of Minimum Wages on Job Training by : David Fairris
Download or read book The Impact of Minimum Wages on Job Training written by David Fairris and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
Book Synopsis Making Work Pay by : Jared Bernstein
Download or read book Making Work Pay written by Jared Bernstein and published by . This book was released on 1998 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the impact of the 1996-97 increase in the minimum wage on the employment opportunities, wages, and incomes of law-wage workers and their households.
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.
Book Synopsis Measuring the Impact of Minimum Wage Policies on the Economy by :
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:
Book Synopsis The Effects of the Minimum Wage on Employment by : Marvin H. Kosters
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.
Book Synopsis The Impact of Minimum Wage Regulations on Educational Incentives for the Youth by : Kim Leonie Kellermann
Download or read book The Impact of Minimum Wage Regulations on Educational Incentives for the Youth written by Kim Leonie Kellermann and published by Springer. This book was released on 2016-12-27 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kim Leonie Kellermann analyzes the impact of sectoral minimum wages in Germany on the willingness of youths to undergo apprenticeship training. Using data from the German Socio-economic Panel, the author shows that higher wage floors set small, positive incentives for vocational training in the respective sectors. In case employers have to pay higher wages, they preferably hire qualified workers so that the worse job prospects of the low-skilled outweigh the potential pay increase. In order to preserve these training opportunities, it can make sense for policymakers to exempt apprentices from minimum wages since subminimum apprenticeship rewards are more appealing to firms.
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 The Effects of Minimum Wages on Youth Employment and Income by : Charlene Marie Kalenkoski
Download or read book The Effects of Minimum Wages on Youth Employment and Income written by Charlene Marie Kalenkoski and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers often propose a minimum wage as a means of raising incomes and lifting workers out of poverty. However, improvements in some young workers' incomes as a result of a minimum wage come at a cost to others. Minimum wages reduce employment opportunities for youths and create unemployment. Workers miss out on on-the-job training opportunities that would have been paid for by reduced wages upfront but would have resulted in higher wages later. Youths who cannot find jobs must be supported by their families or by the social welfare system. Delayed entry into the labor market reduces the lifetime income stream of young unskilled workers.
Book Synopsis How the Minimum Wage Destroys Jobs by : Bruce R. Bartlett
Download or read book How the Minimum Wage Destroys Jobs written by Bruce R. Bartlett and published by . This book was released on 1987 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no evidence that boosting the minimum wage would benefit the incomes of low-paid workers. There is substantial evidence that it would destroy jobs and thus reduce employment for many workers, especially minority youth. On this, professional economists are virtually unanimous.
Book Synopsis Unemployment Effects of Minimum Wages by : Jacob Mincer
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:
Book Synopsis The Effect of Minimum Wages on the Youth Labor Market by : Walter J. Wessels
Download or read book The Effect of Minimum Wages on the Youth Labor Market written by Walter J. Wessels and published by . This book was released on 1979 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Do Minimum Wages Reduce Employment and Training? by : Guntur Sugiyarto
Download or read book Do Minimum Wages Reduce Employment and Training? written by Guntur Sugiyarto and published by . This book was released on 2008 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Impact of the Minimum Wage Law on the Employment, Occupational Choice, and School Enrollment Decisions of Graduating High School Seniors by : J. Peter Mattila
Download or read book The Impact of the Minimum Wage Law on the Employment, Occupational Choice, and School Enrollment Decisions of Graduating High School Seniors written by J. Peter Mattila and published by . This book was released on 1986 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
