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In March 1985, one in five hourly wage workers paid at or below the Federal minimum wage of $3.35 per hour lived in households with incomes below U.S. poverty levels.
A study of household data demonstrates that increases in the minimum wage reduce poverty among families more then previously estimated. This article examines the effects that raising the minimum was ...
Most workers who begin their careers in minimum-wage jobs eventually gain more experience and move on to higher paying jobs; however, some workers spend substantial portions of their early careers con...
The Minimum Wage, Restaurant Prices, and Labor Market Structure
Minimum Wage Restaurant Prices Labor Market Structure
2016/3/7
Using store-level and aggregated Consumer Price Index data, we show that restaurant prices rise in response to minimum wage increases under several sources of identifying variation. We introduce a gen...
Getting It Right: Employment Subsidy or Minimum Wage?
minimum wage working conditions monopsony models
2013/10/25
In monopsony models of the labour market either a minimum wage or an employment subsidy financed by a lump sum tax on profits can achieve the efficient level of employment and output. Incorporating wo...
The Impact of Differential Payroll Tax Subsidies on Minimum Wage Employment
Minimum wage total labor costs tax subsidies
2013/10/17
In this article, we study the impact of changes of total labor costs on employment of low-wage workers in France in a period, 1990 to 1998, that saw sudden and large changes in these costs. We use lon...
The Role of the Minimum Wage in the Welfare State: An Appraisal
Minimum wages employment inequality
2013/10/18
In order to offer a balanced assessment of the role of minimum wages in the Welfare State, seven basic questions need to be answered: (i) Why is the minimum wage a useful redistributive tool?; (ii) Ho...
We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that wages are renegotiated by mutual agreement only is introduced in a matching model wit...