The Dynamics Of Minimum Wage Policy In Economic Development

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Minimum Wages and Social Policy

Author : Wendy V. Cunningham
Publisher : World Bank Publications
Page : 154 pages
File Size : 49,8 Mb
Release : 2007
Category : Political Science
ISBN : 9780821370124

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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.

Dynamics of Wage Fixation in a Developing Economy

Author : Benedict Y. Imbun
Publisher : Unknown
Page : 174 pages
File Size : 42,8 Mb
Release : 2008
Category : Business & Economics
ISBN : STANFORD:36105132242517

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Dynamics of Wage Fixation in a Developing Economy by Benedict Y. Imbun Pdf

This book is a microcosm of issues of minimum wage determination in developing countries examined in the context of Papua New Guinea (PNG). With provision of parallels, it discusses the critical issues, process, and actors involved in determination of minimum wage. Like most governments in developing countries obsessed with economic development, the critical issue for the PNG government has been to ensure that wage levels and the wage structure harmonise as far as possible with the national development aspirations and on the other hand, social objectives are maintained through the prevention of exploitation of workers. Although, the twin issues of economic efficiency and social equity have not been easily compatible, this book's testimony of experiences in accommodating the issues has been the most challenging for PNG. The challenges faced and lessons learnt in determining and regulating minimum wage would reflect similar experiences for many developing countries.

Wage Policy Issues in Economic Development

Author : Anthony D. Smith
Publisher : St. Martin's Press
Page : 407 pages
File Size : 43,6 Mb
Release : 1969
Category : Developing countries
ISBN : OCLC:709348400

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Wage Policy Issues in Economic Development by Anthony D. Smith Pdf

Minimum Wages and Employment

Author : C. Ragacs
Publisher : Springer
Page : 191 pages
File Size : 54,6 Mb
Release : 2004-06-08
Category : Business & Economics
ISBN : 9780230596276

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Minimum Wages and Employment by C. Ragacs Pdf

Christian Ragacs develops contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed; two of them comparative static in nature and two models of endogenous growth. The results are contradictory - partly supporting the 'textbook' theory and partly yielding unorthodox results, such as no change in the steady state rates of growth and employment.

What Does the Minimum Wage Do?

Author : Dale Belman,Paul J. Wolfson
Publisher : W.E. Upjohn Institute
Page : 489 pages
File Size : 44,9 Mb
Release : 2014-07-07
Category : Political Science
ISBN : 9780880994569

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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.

Minimum Wages

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 : 140 pages
File Size : 54,5 Mb
Release : 1980
Category : Business & Economics
ISBN : UOM:39015035026932

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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.

Myth and Measurement

Author : David Card,Alan B. Krueger
Publisher : Princeton University Press
Page : 454 pages
File Size : 51,7 Mb
Release : 2015-12-22
Category : Business & Economics
ISBN : 9780691169125

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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

Author : David Neumark,William L. Wascher
Publisher : MIT Press
Page : 389 pages
File Size : 52,9 Mb
Release : 2008
Category : Income distribution
ISBN : 9780262141024

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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 Minimum Wage

Author : Deepak Lal
Publisher : Unknown
Page : 46 pages
File Size : 53,6 Mb
Release : 1995
Category : Business & Economics
ISBN : STANFORD:36105016997053

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The Minimum Wage by Deepak Lal Pdf

CONTENTS: Introduction; Poverty Alleviation; Efficiency; Conclusions; Summary.

Minimum Wage Policy in Great Britain and the United States

Author : Jerold L. Waltman
Publisher : Algora Publishing
Page : 246 pages
File Size : 45,9 Mb
Release : 2008
Category : Minimum wage
ISBN : 9780875866000

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Minimum Wage Policy in Great Britain and the United States by Jerold L. Waltman Pdf

Analyzing wage policies and the political ideas that underlie them, including the irony of an Iraq funding bill leading to a minimum wage increase, this book compares not only Federal but State minimum wage policies and those of Britain as well. Going beyond the debate on public expenditure programs, the author examines the future of the "welfare state"? not from a perspective of entitlement but of citizenship in a public polity.

The Fundamentals of Minimum Wage Fixing

Author : François Eyraud,Catherine Saget
Publisher : International Labour Organization
Page : 154 pages
File Size : 42,9 Mb
Release : 2005
Category : Business & Economics
ISBN : 9221170144

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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.

Wage and Salary Administration in a Dynamic Economy

Author : Leonard Randolph Burgess
Publisher : Unknown
Page : 184 pages
File Size : 52,7 Mb
Release : 1968
Category : Wages
ISBN : STANFORD:36105033765327

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Wage and Salary Administration in a Dynamic Economy by Leonard Randolph Burgess Pdf

USA. Study of theoretical and administrative aspects of wage policy at the enterprise level - analyses the role of management and of trade unions in the development of a rational wage structure, and includes such variables as labour turnover, fringe benefits, wage payment systems, etc. References.

Minimum Wages and Firm Employment

Author : Yi Huang,Mr.Prakash Loungani,Gewei Wang
Publisher : International Monetary Fund
Page : 47 pages
File Size : 41,8 Mb
Release : 2014-10-16
Category : Business & Economics
ISBN : 9781484379653

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Minimum Wages and Firm Employment by Yi Huang,Mr.Prakash Loungani,Gewei Wang Pdf

This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the 2000-2007 periods. Using a novel dataset of minimum wage regulations across more than 2,800 counties matched with firm-level data, we investigate both the effect of the minimum wage and its policy enforcement tightening in 2004. A dynamic panel (difference GMM) estimator is combined with a “neighbor-pairs-approach” to control for unobservable heterogeneity common to “border counties” that are subject to different minimum wage changes. We show that minimum wage increases have a significant negative impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on employment in low-wage firms than in high-wage firms. Our results are robust for different treatment groups, sample attrition correction, and placebo tests.

Minimum Wages and On-the-job Training

Author : Masanori Hashimoto
Publisher : AEI Studies
Page : 90 pages
File Size : 49,8 Mb
Release : 1981
Category : Business & Economics
ISBN : STANFORD:36105001947774

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Minimum Wages and On-the-job Training by Masanori Hashimoto Pdf

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.