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Author : David Neumark,William L. Wascher Publisher : MIT Press Page : 389 pages File Size : 46,7 Mb Release : 2008 Category : Income distribution ISBN : 9780262141024
Minimum Wages by David Neumark,William L. Wascher Pdf
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.
The Effects of the Minimum Wage on Employment by Marvin H. Kosters Pdf
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.
Myth and Measurement by David Card,Alan B. Krueger Pdf
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.
Minimum Wages and Social Policy by Wendy V. Cunningham Pdf
Offering evidence from both detailed individual country studies and homogenized statistics across the Latin American and Caribbean region, this book examines the impact of the minimum wage on wages, employment, poverty, income distribution and government budgets in the context of a large informal sector and predominantly unskilled workforces.
E. G. West,Michael McKee,Economic Council of Canada,Institute for Research on Public Policy
Author : E. G. West,Michael McKee,Economic Council of Canada,Institute for Research on Public Policy Publisher : Economic Council of Canada and the Institute for Research on Public Policy Page : 142 pages File Size : 44,5 Mb Release : 1980 Category : Business & Economics ISBN : STANFORD:36105039057869
Minimum Wages by E. G. West,Michael McKee,Economic Council of Canada,Institute for Research on Public Policy Pdf
Monograph on minimum wages, with special reference to Canada - covers trends since 1965 concerning local level wage structure and wage determination, and deals with economic theory issues regarding employment, unemployment, income distribution and prices, effectiveness as an anti-poverty and income redistribution tool, and its preference to negative income tax. Bibliography pp. 111 to 119 and statistical tables.
What Does the Minimum Wage Do? by Dale Belman,Paul J. Wolfson Pdf
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.
This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.
Author : Simon Rottenberg Publisher : A E I Press Page : 560 pages File Size : 47,9 Mb Release : 1981 Category : Business & Economics ISBN : STANFORD:36105001947782
Time for a Real Raise: The Nova Scotia Minimum Wage by John Jacobs Pdf
Increasing the minimum wage impacts not only the workers receiving the minimum wage. [...] The stagnation of the minimum wage over the past two decades is at least partially responsible for the plight of the working poor in Nova Scotia, many of whom earn somewhat more than the minimum wage. [...] Providing a real increase in the minimum wage would boost the wages of these and many more workers in need of a raise. [...] It addresses the economic impact of the minimum wage in the context of an economy that is producing too many low wage jobs, and considers some of the arguments against increasing the minimum wage. [...] The minimum wage sets a social standard or tone, and many public debates, as well as innumerable disputes inside the workplace, use the minimum wage as an implicit guide to construct arguments, to assess all wage scales, to measure the relative standards of one's enterprise.1 When the minimum wage is increased it creates an upward pressure on other wages.
William Francis Maloney,Jairo Núñez Méndez,Wendy L. Cunningham
Author : William Francis Maloney,Jairo Núñez Méndez,Wendy L. Cunningham Publisher : World Bank Publications Page : 32 pages File Size : 51,9 Mb Release : 2003 Category : Income distribution ISBN : 8210379456XXX
Measuring the Impact of Minimum Wages by William Francis Maloney,Jairo Núñez Méndez,Wendy L. Cunningham Pdf
Simple numerical measures of the minimum wage may offer deceptive indicators of its impact. Alternative measures, such as kernel density or cumulative distribution plots, are more reliable, and highlight influences higher in the wage distribution or on the informal sector. Panel employment data from Colombia, where minimum wages seem high and binding, show that the minimum wage can have important impacts on wages and unemployment across the wage distribution.
The Fundamentals of Minimum Wage Fixing by François Eyraud,Catherine Saget Pdf
This manual draws on the ILO's comprehensive database containing the principal legal provisions and minimum wage fixing mechanisms in 100 countries. The minimum wage has had a long and turbulent history, and this study sheds light on its intricacies by providing a thorough overview of the institutions and practices in different countries. It outlines the main topics for debate concerning the effects of minimum wages on major social and economic variables such as employment, wage inequality, and poverty. The book considers the various procedures countries use for implementation, including the criteria employed to fix the minimum wage, and how they are linked to specific country objectives. It then measures the efficiency of the minimum wage, and focuses on its impact on employment as a major political issue. For the benefit of non-specialists, the validity of econometric models and their results are examined.
One of the most troubling developments of the past two decades has been the dramatic rise in inequality among nations and within nations. This book examines the nature of this development in a variety of countries and contexts - China, Russia, Australia, Latin America, Italy - where the rise of inequality has not been studied as intensively as the US or UK. It also presents analyses of some potential causes and consequences of the rise in inequality.
