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Minimum Wages And On The Job Training
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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 . This book was released on 1981 with total page 72 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 : Pablo Acero Iglesias
Download or read book Minimum wages and on-the-job training written by Pablo Acero Iglesias and published by . This book was released on 1999 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 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:
Book Synopsis Handy Reference Guide to the Fair Labor Standards Act (Federal Wage-hour Law) ... by : United States. Wage and Hour and Public Contracts Divisions
Download or read book Handy Reference Guide to the Fair Labor Standards Act (Federal Wage-hour Law) ... written by United States. Wage and Hour and Public Contracts Divisions and published by . This book was released on 1963 with total page 28 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 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 Youth Employment and the Minimum Wage by : United States. Congress. Joint Economic Committee
Download or read book Youth Employment and the Minimum Wage written by United States. Congress. Joint Economic Committee and published by . This book was released on 1985 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 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 Minimum Wages and Youth Unemployment by : Youcef Ghellab
Download or read book Minimum Wages and Youth Unemployment written by Youcef Ghellab and published by . This book was released on 1998 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews the main theoretical models and recent empirical evidence on the correlation between the minimum wage and youth employment.
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 Hearing on the Minimum Wage by : United States. Congress. House. Committee on Education and Labor
Download or read book Hearing on the Minimum Wage written by United States. Congress. House. Committee on Education and Labor and published by . This book was released on 1989 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The National Minimum Wage and Training by : Helen Rainbird
Download or read book The National Minimum Wage and Training written by Helen Rainbird and published by . This book was released on 2002 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Minimum Wages and Trainers' Dilemma by : Kyota Eguchi
Download or read book Minimum Wages and Trainers' Dilemma written by Kyota Eguchi and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how a minimum wage, viewed as an incentive to trainers, would affect the informal help provided through on-the-job training. In the work environment, experienced employees play a significant role in training new employees. However, the more help they provide to trainees, the less likely that the trainers themselves will be promoted. This is the trainer's dilemma: help trainees or work for promotion. We show that a minimum wage alleviates the trainer's dilemma, as it increases the earnings of non-promoted workers and reduces the net benefit of promotion for experienced employees. Hence, minimum wage regulation encourages informal help and enhances welfare, although it reduces the firm's profit.
