scholarly journals Wage Effects on Immigrants from an Increase in the Minimum Wage Rate: An Analysis by Immigrant Industry Concentration

2004 ◽  
Author(s):  
Kalena E. Cortes
Keyword(s):  
Minimum Wage ◽  
Wage Rate ◽  
Industry Concentration ◽  
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

Optimal Government Policies Related to Unemployment

2017 ◽  
Vol 47 (1) ◽  
pp. 87-111
Author(s):  
Chia-Hui Lu
Keyword(s):  
Labor Market ◽  
Minimum Wage ◽  
Wage Rate ◽  
Optimal Allocation ◽  
Government Policies ◽  
Unemployment Compensation ◽  
Heterogeneous Labor ◽  
The Government ◽  
Hiring Costs

This article studies the optimal government policies related to unemployment in a frictional labor market. To achieve the optimal allocation, we find that the government should not issue unemployment compensation or subsidies for hiring costs. Moreover, as both firms and households experience disastrous consequences related to the minimum wage, the government should not intervene in the labor market to influence the wage rate and should not set any minimum wage. What the government can do is to make appropriate expenditures on matching efficacy. Furthermore, considering heterogeneous labor abilities in the model does not change our main finding.

The Minimum Wage Debate: Politically Correct Economics?

1996 ◽  
Vol 7 (2) ◽  
pp. 188-197 ◽  
Author(s):  
Tom Valentine
Keyword(s):  
Minimum Wage ◽  
Fast Food ◽  
Wage Rate ◽  
Traditional View ◽  
Wage Rates ◽  
Major Study ◽  
Unskilled Labour ◽  
Unskilled Workers ◽  
New Material

Economists have long thought that an increase in minimum wage rates would lead to higher unemployment of unskilled workers. The higher minimum rates would cause employers to substitute other classes of labour or capital for unskilled labour and to contract output. Situations in which an increase in minimum wage rates will not increase unemployment do not seem to be practically relevant. The results of Card and Krueger have reopened this question. In their major study a survey of fast food outlets suggested that an increase in the minimum wage rate actually increased employment. Unfortunately, closer inspection of their results has not justified the attention paid to their study. The quality of their data is suspect and other data support the traditional view. In addition, the interpretation of their results is very questionable. The new material actually gives economists no reason to revise their traditional view on this subject.

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

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.

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