Minimum Wage Legislation and Unemployment Insurance as Instruments for Redistribution

1994 ◽  
Vol 96 (1) ◽  
pp. 67 ◽  
Author(s):  
Nicolas Marceau ◽  
Robin Boadway
Keyword(s):  
Minimum Wage ◽  
Unemployment Insurance ◽  
Minimum Wage Legislation

scholarly journals A Note on the Effects on Unemployment Insurance, Minimum Wage Legislation and Trade Union Growth on Reported Unemployment Rates in Canada, 1950-1975

2005 ◽  
Vol 36 (4) ◽  
pp. 922-927
Author(s):  
Herbert G. Grubel ◽  
Dennis R. Maki
Keyword(s):  
Minimum Wage ◽  
Unemployment Insurance ◽  
Trade Union ◽  
Macroeconomic Stabilization ◽  
Natural Rate ◽  
Unemployment Rates ◽  
Union Growth ◽  
Stabilization Policies ◽  
Minimum Wage Legislation

The paper analyzes the effects of the factors noted in the title on reported unemployment rates, both theoretically and empirically. The implications of the results for the natural rate debate and macroeconomic stabilization policies are briefly discussed.

scholarly journals Economic Considerations of Extending Unemployment Insurance to Agriculture

1972 ◽  
Vol 1 (01) ◽  
pp. 171-181
Author(s):  
Raymond O. P. Farrish ◽  
Stanley K. Seaver
Keyword(s):  
Social Security ◽  
Minimum Wage ◽  
Child Labor ◽  
Unemployment Insurance ◽  
Farm Workers ◽  
Labor Laws ◽  
The Social ◽  
Positive Action ◽  
Minimum Wage Legislation ◽  
Economic Considerations

Agriculture has been excluded, exempted or by-passed, depending upon one's viewpoint, from much of the social legislation extending back to the 1930's. For many years agriculture was essentially outside of workmen's compensation, minimum wage legislation, child labor laws and the social security system to identify a few. Legislation extending unemployment insurance protection to farm workers has never been enacted but we appear much closer to taking positive action to correct this situation.

scholarly journals The impact of minimum wages for domestic workers in Bloemfontein, South Africa

2010 ◽  
Vol 8 (1) ◽  
Author(s):  
Phillip F. Blaauw ◽  
Louis J. Bothma
Keyword(s):  
South Africa ◽  
Minimum Wage ◽  
Structural Changes ◽  
Domestic Workers ◽  
Real Wages ◽  
Employment Effects ◽  
Course Of Action ◽  
Minimum Wage Legislation ◽  
The Impact

Orientation: The number of domestic workers in South Africa has decreased in the last decade, seemingly corresponding with efforts by government to increase regulation.Research purpose: The purpose of this study was to investigate possible structural changes in this labour market over the last decade, as well as the possible employment effects of the latest minimum wage provisions.Motivation for the study: Previous studies on the topic were carried out either prior to, or just after, the implementation of the minimum wage legislation for domestic workers. Now, five years after implementation, the conclusions and predictions of these studies need to be evaluated.Research design, approach and method: The study utilised a repeat survey in the suburb of Langenhoven Park in Bloemfontein, where two previous microstudies had been conducted. Structural interviews were conducted with a sample of 132 respondents and the data analysed.Main findings: There are now fewer domestic workers working for more employers, than there were ten years ago. In contrast to predictions from the literature, these changes mostly occurred before the implementation of the legislation. Real wages and legislative compliance improved for those who remained employed.Practical implications: The task of balancing the improvement of the lives of domestic workers and the possible adverse consequences of the legislation, in the form of job losses, remains as daunting as it was ten years ago.Contribution: Literature predicts changes in the market for domestic workers to be long term. This study shows that most changes took place before the implementation of the legislation as employers decided on their course of action.

scholarly journals The Pass-Through of Minimum Wages into US Retail Prices: Evidence from Supermarket Scanner Data

2020 ◽  
pp. 1-99
Author(s):  
Tobias Renkin ◽  
Claire Montialoux ◽  
Michael Siegenthaler
Keyword(s):  
Minimum Wage ◽  
State Level ◽  
Minimum Wages ◽  
Scanner Data ◽  
Consumer Prices ◽  
Retail Prices ◽  
Minimum Wage Legislation ◽  
Pass Through ◽  
Wage Increases ◽  
Grocery Products

This paper estimates the pass-through of minimum wage increases into the prices of US grocery and drug stores. We use high-frequency scanner data and leverage a large number of state-level increases in minimum wages between 2001 and 2012. We find that a 10% minimum wage hike translates into a 0.36% increase in the prices of grocery products. This magnitude is consistent with a full pass-through of cost increases into consumer prices. We show that price adjustments occur mostly in the three months following the passage of minimum wage legislation rather than after implementation, suggesting that pricing of groceries is forward-looking.

The consequences of minimum wage legislation

1997 ◽  
Vol 17 (2) ◽  
pp. 5-14 ◽  
Author(s):  
Walter Y. Oi
Keyword(s):  
Minimum Wage ◽  
Minimum Wage Legislation

John Bates Clark's Defense of Mandatory Arbitration and Minimum Wage Legislation

2000 ◽  
Vol 22 (2) ◽  
pp. 251-263 ◽  
Author(s):  
Robert E. Prasch
Keyword(s):  
Economic Theory ◽  
Political Philosophy ◽  
Political Economy ◽  
Income Distribution ◽  
Minimum Wage ◽  
Marginal Product ◽  
Minimum Wage Legislation ◽  
Development Of Economic Theory ◽  
Instrumental Role ◽  
The Ideal

The ideal of Political Economy is not unrestricted competition, but competition that is truly free, because controlled by justice and by law. The distinction between freedom and license needs to be preserved in this department of political philosophy. With that distinction clearly maintained, we may still retain, in economics as in politics, our beautiful watchword, liberty (John Bates Clark 1879, p. 167).John Bates Clark has had a formidable impact on the development of economic theory and the theory of income distribution. In addition, Clark's marginal product theory of distribution has often played an instrumental role in the defense of laissez-faire policies. His theory has been used to criticize a wide variety of market interventions, including minimum wage legislation. As a result it is not surprising that Clark's theory of income distribution, and Clark himself, have drawn more than a few critics.

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