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Modelling The Effects Of Minimum Wages And Unemployment Benefits
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Book Synopsis Modelling the Effects of Minimum Wages and Unemployment Benefits by : J. J. Graafland
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:
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 Minimum Wages, Unemployment Benefits, and Equilibrium Unemployment by : J. J. Graafland
Download or read book Minimum Wages, Unemployment Benefits, and Equilibrium Unemployment written by J. J. Graafland and published by . This book was released on 1991 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Minimum Wage and Labor Market Outcomes by : Christopher J. Flinn
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.
Book Synopsis Minimum Wages, Low Pay and Unemployment by : D. Meulders
Download or read book Minimum Wages, Low Pay and Unemployment written by D. Meulders and published by Springer. This book was released on 2004-05-25 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Low-paid employment is a key issue for labour market policy. The essays in this book, focusing on European countries, provide new empirical evidence regarding the impact of minimum wages on employment, earnings mobility among low-paid workers, job satisfaction across the earnings distribution, unemployment traps, the demand for low-skilled workers, and the existence of monopsonistic competition.
Book Synopsis Minimum Wages and Spatial Equilibrium by : Joan Monras
Download or read book Minimum Wages and Spatial Equilibrium written by Joan Monras and published by . This book was released on 2015 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Often, minimum wage laws are decided at the state or regional level, and even when not, federal level increases are only binding in certain states. This has been used in previous literature to evaluate the effects of minimum wages on earnings and employment levels. This paper introduces a spatial equilibrium model to think about the seemingly conflicting findings of this previous literature. The model shows that the introduction of minimum wages can lead to an increase or a decrease in population depending on the local labor demand elasticity and on how unemployment benefits are financed.The paper provides empirical evidence consistent with the model. On average, increases in minimum wages lead to increases in average wages and decreases in employment. The low-skilled local labor demand elasticity is estimated to be above 1, which in the model is a necessary condition for the migration responses found in the data. Low-skilled workers, who are presumably the target of the policy, tend to leave or avoid moving to the regions that increase minimum wages.
Book Synopsis Employment Effects of Minimum Wage Rates by : John M. Peterson
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:
Book Synopsis Minimum Wages, Fringe Benefits, and Working Conditions by : Walter J. Wessels
Download or read book Minimum Wages, Fringe Benefits, and Working Conditions written by Walter J. Wessels and published by American Enterprise Institute Press. This book was released on 1980 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph developing an economic model to test effects of minimum wage on fringe benefits and hours of work in new york state, USA - shows that employers are likely to offset minimum wage increases by reducing wage payments, increasing labour productivity, etc., And examines impacts on employment and unemployment, prices and labour turnover rates, etc. Graphs, references and statistical tables.
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 1995 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: A powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. Using data from recent minimum wage change results, economists David Card and Alan Krueger show that increases in the minimum wage lead to increases in pay, but no loss in jobs.
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 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.
Book Synopsis The Effect of a Minimum Wage on Unemployment in a Model of Team Production by : Paul Frijters
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:
Book Synopsis More Than Subsistence by : Sar A. Levitan
Download or read book More Than Subsistence written by Sar A. Levitan and published by . This book was released on 1979 with total page 202 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.
Book Synopsis A Simulation Model of the Effects of an Increase in the Minimum Wage on Employment, Output and the Price Level by : Edward N. Wolff
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:
Book Synopsis The Employment Effects of Minimum Wages in Monopsony by : Zhongzheng Lin
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:
Book Synopsis A Note on the Nonlinear Effect of Minimum Wage Increases by : Aspen Gorry
Download or read book A Note on the Nonlinear Effect of Minimum Wage Increases written by Aspen Gorry and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We use a labor search model with worker experience to assess the effects of minimum wage increases. Minimum wages can have nonlinear effects on unemployment as higher minimum wages become binding for larger portions of the underlying productivity distribution. The model is used to assess the increases proposed by the Obama Administration from $7.25 an hour to $9.00 and then to $10.10 per hour. We find that minimum wage increases have large effects on youth unemployment. These large effects cast doubt on using past empirical estimates of the effects of minimum wages that do not account for potential nonlinearities.
Book Synopsis Minimum Wages and Employment by : David Neumark
Download or read book Minimum Wages and Employment written by David Neumark and published by Now Publishers Inc. This book was released on 2007 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt: "We review the burgeoning literature on the employment effects of minimum wages -- in the United States and other countries -- that was spurred by the new minimum wage research beginning in the early 1990s. Our review indicates that there is a wide range of existing estimates and, accordingly, a lack of consensus about the overall effects on low-wage employment of an increase in the minimum wage. However, the oft-stated assertion that recent research fails to support the traditional view that the minimum wage reduces the employment of low-wage workers is clearly incorrect. A sizable majority of the studies surveyed in this monograph give a relatively consistent (although not always statistically significant) indication of negative employment effects of minimum wages. In addition, among the papers we view as providing the most credible evidence, almost all point to negative employment effects, both for the United States as well as for many other countries. Two other important conclusions emerge from our review. First, we see very few -- if any -- studies that provide convincing evidence of positive employment effects of minimum wages, especially from those studies that focus on the broader groups (rather than a narrow industry) for which the competitive model predicts disemployment effects. Second, the studies that focus on the least-skilled groups provide relatively overwhelming evidence of stronger disemployment effects for these groups"--Forschungsinstitut zur Zukunft der Arbeit web site.
Book Synopsis Modelling the Economic and Employment Impacts of Various Scenarios for Increases in Minimum Wages by : 365876682
Download or read book Modelling the Economic and Employment Impacts of Various Scenarios for Increases in Minimum Wages written by 365876682 and published by . This book was released on 2006 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: