Minimum Wage Effects on Florida's Economic Development

1960 ◽  
Vol 3 ◽  
pp. 106-117 ◽  
Author(s):  
Marshall R. Colberg
Keyword(s):  
Economic Development ◽  
Minimum Wage ◽  
Wage Effects

Minimum Wage Effects Under Weak Compliance with Labor Regulations: The Case of Bolivia

2017 ◽  
Author(s):  
Marcelo Claure ◽  
Jorge DDvalos ◽  
Alejandra Leyton ◽  
Vanessa SSnchez ◽  
Christian Valencia
Keyword(s):  
Minimum Wage ◽  
Labor Regulations ◽  
Wage Effects

scholarly journals Minimum Wage Effects in the Longer Run

2007 ◽  
Vol XLII (2) ◽  
pp. 435-452 ◽  
Author(s):  
David Neumark ◽  
Olena Nizalova
Keyword(s):  
Minimum Wage ◽  
Wage Effects

Die Auswirkungen des gesetzlichen Mindestlohns auf die Rentenentwicklung

2021 ◽  
Vol 70 (99) ◽  
pp. 1-19
Author(s):  
Oliver Ehrentraut ◽  
Philipp Kreuzer ◽  
Stefan Moog ◽  
Heidrun Weinelt ◽  
Oliver Bruttel
Keyword(s):  
Minimum Wage ◽  
Pension System ◽  
Full Time ◽  
Pension Insurance ◽  
Individual Level ◽  
Wage Effects ◽  
The Individual ◽  
Wage Increases ◽  
Full Time Employment ◽  
Pension Insurance System

Der Beitrag untersucht auf Basis eines Simulationsmodells und empirischer Daten die Auswirkungen des gesetzlichen Mindestlohns auf die Rentenversicherung. Dabei werden sowohl die Wirkungen auf das Rentensystem insgesamt als auch die individuellen Rentenansprüche von Beschäftigten analysiert. Auf das Rentensystem insgesamt hat der Mindestlohn praktisch keine Auswirkungen, weil der Impuls des Mindestlohns auf die gesamtwirtschaftliche Lohnsumme letztlich zu gering ist. Auf individueller Ebene können sich die Rentenanwartschaften der Versicherten je nachdem, wie deutlich ihr Verdienst aufgrund der Mindestlohneinführung gestiegen ist, erhöhen. Die Rentenanwartschaften bleiben aber bei einem Verdienst in Höhe des Mindestlohns selbst bei durchgängiger Vollzeitbeschäftigung unter dem Niveau der Grundsicherung im Alter. Abstract: The Effects of Minimum Wage on the Statutory Pension Insurance in Germany In 2015, Germany introduced a national minimum wage. Based on a simulation model and empirical data we analyse its effects on the statutory pension insurance. We will consider aggregate effects on the pension insurance system in total as well as on individual pension entitlements of employees. Our results show that the minimum wage has only negligible effects on the pension system as a whole because the minimum wage induced wage effects on the economy’s total wage bill are rather small. On the individual level, the minimum wage can help to increase individual pension entitlements. The magnitude depends on individual wage increases resulting from the minimum wage introduction. However, even continuous full-time employment at the minimum wage level will not be enough to lift individual pension entitlements above the guaranteed minimum pension level.

Minimum Wage Effects on Employment and Working Time of Chinese Workers

2020 ◽  
pp. 371-392
Author(s):  
Wenkai Sun ◽  
Xianghong Wang ◽  
Xiaoxi Zhang
Keyword(s):  
Minimum Wage ◽  
Working Time ◽  
Wage Effects ◽  
Chinese Workers

Minimum wages and inequality in Mexico

2020 ◽  
pp. 573-595
Author(s):  
Alice Krozer ◽  
Stefanie Garry ◽  
Juan Carlos Moreno-Brid
Keyword(s):  
Economic Development ◽  
Income Inequality ◽  
Minimum Wage ◽  
Latin American ◽  
Poverty Reduction ◽  
Minimum Wages ◽  
The Other ◽  
Comparative Perspective ◽  
The Status ◽  
The Relationship

The literature on minimum wages in Mexico has focused largely on their impact on poverty, and poverty reduction, while their relationship with inequality has not been fully explored. The purpose of this chapter is to examine the status and dynamics of the minimum wage in Mexico and its relation with income inequality from a Latin American comparative perspective. In this context, we are mostly interested in juxtaposing the Mexican experience with the cases of Brazil, Argentina, and Chile, as three countries of roughly comparable economic development in the region pursuing labour policies diametrically opposing those of Mexico. In light of this Mexican exceptionality, we analyse the relationship between minimum wages and inequality in the country, and what Mexico could learn from the diverging experience of the other countries, with the aim of providing some recommendations to policymakers.

scholarly journals Turning the Switch: An Evaluation of the Minimum Wage in the German Electrical Trade Using Repeated Natural Experiments

2013 ◽  
Vol 14 (3) ◽  
pp. 316-348 ◽  
Author(s):  
Bernhard Boockmann ◽  
Raimund Krumm ◽  
Pia Rattenhuber ◽  
Michael Neumann
Keyword(s):  
Minimum Wage ◽  
East Germany ◽  
Public Welfare ◽  
Natural Experiments ◽  
Employment Effects ◽  
Welfare Benefits ◽  
Wage Effect ◽  
Wage Effects

Abstract The introduction, abolition and subsequent re-introduction of the minimum wage in the German electrical trade gave rise to series of natural experiments, which are used to study minimum wage effects. We find similar impacts in all three cases on wages, employment and the receipt of public welfare benefits. Average wages are raised by the minimum wage in East Germany, but there is almost no evidence for employment effects. The results also show that the wage effect is quickly undone after the abolition of the minimum wage.

scholarly journals Minimum Wage Systems: An Asia Pacific Perspective

1970 ◽  
Author(s):  
Michael Barry ◽  
Peter Brosnan
Keyword(s):  
Economic Development ◽  
Social Justice ◽  
Social Security ◽  
Minimum Wage ◽  
Minimum Wages ◽  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Low Levels ◽  
The Many

Modern minimum wage systems have operated for more than a century. Some Pacific countries were among the pioneers in establishing minimum wages. This paper discusses the many aims that minimus wages are designed to achieve. These include promoting social justice, alleviating poverty, promoting economic development, setting benchmarks for other wages and social security payments, and controlling inflation. The Asia Pacific region has only a small number of countries with adequate minimum wage systems. There are many deficiencies in the various systems. They often do not cover all workers, are often set at unrealistically low levels, or are enforced inadequately. The paper discusses the causes of these deficiencies and the consequences of them for those who rely on minimum wages.

scholarly journals PELEPASAN HAK ATAS UPAH DALAM PERJANJIAN BERSAMA ANTARA PENGUSAHA DAN PEKERJA/BURUH

2019 ◽  
Vol 3 (1) ◽  
pp. 107-124
Author(s):  
Elizabeth Irianti Mayangsari Runtu
Keyword(s):  
Economic Development ◽  
Minimum Wage ◽  
Minimum Wages ◽  
Constitutional Court ◽  
Collective Agreement ◽  
Community Work ◽  
Work Relationship ◽  
The Government ◽  
The Right ◽  
Binding Power

Humans must work to maintain their survival, without working humans will not be able to maintain their lives well. Economic development is inseparable from the name of employment which covers all aspects of people's lives where labor and employers conduct a work relationship as an effort to meet the economic needs of the community. Work agreements between employers and workers cannot be separated from the discussion of the problem of the amount of wages and the method of payment. In accordance with Law No. 13 of 2003 concerning Manpower Article 88 paragraph (1), paragraph (2) and paragraph (3a), the government establishes wage policies to protect workers in order to obtain income that fulfills decent livelihoods for humanity, including through minimum wages. In this thesis the constituent focuses on releasing the right to wages made by workers / laborers with a joint agreement between the parties, which also discusses sanctions imposed on employers if the employer pays a wage under the minimum wage stipulated by the local governor. And the compilation target in this journal is whether the release of rights in a collective agreement has binding power in the implementation of Constitutional Court No 72 / PUU-XIII / 2015 decision, of course in legal corridors as stipulated in Law Number 13 of 2003 concerning Labor. Hopefully this journal can be a useful reading and add insight to its readers.

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