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  1. The minimum wage, turnover, and the shape of the wage distribution
    Autor*in: Brochu, Pierre; Green, David A.; Lemieux, Thomas; Townsend, James
    Erschienen: October 2023
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    This paper proposes an empirical approach to decompose the distributional effects of minimum wages into effects for workers moving out of employment, workers moving into employment, and workers continuing in employment. We estimate the effects of the... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 4
    Fernleihe:
    keine Fernleihe

     

    This paper proposes an empirical approach to decompose the distributional effects of minimum wages into effects for workers moving out of employment, workers moving into employment, and workers continuing in employment. We estimate the effects of the minimum wage on the hazard rate for wages, which provides a convenient way of re-scaling the wage distribution to control for possible employment effects. We find that minimum wage increases do not result in an abnormal concentration of Job Leavers below the new minimum wage, which is inconsistent with employment effects predicted by a neoclassical model. We also find that, for Job Stayers, the spike and spillover effects of the minimum wage are simply shifted right to the new minimum wage. Our findings are consistent with a model where entry wages are set according to a job ladder, and where firms preserve their internal wage structure due to fairness or internal incentives issues.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/282641
    Schriftenreihe: Discussion paper series / IZA ; no. 16514
    Schlagworte: Mindestlohn; Verteilungswirkung; Arbeitsmobilität; Lohnstruktur; Beschäftigungseffekt; Dekompositionsverfahren; Kanada; minimum wages; wage distribution
    Umfang: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  2. The minimum wage, turnover, and the shape of the wage distribution
    Autor*in: Brochu, Pierre; Green, David A.; Lemieux, Thomas; Townsend, James
    Erschienen: [2023]
    Verlag:  Institute for Fiscal Studies, [London]

    This paper proposes an empirical approach to decompose the distributional effects of minimum wages into effects for workers moving out of employment, workers moving into employment, and workers continuing in employment. We estimate the effects of the... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 141
    Fernleihe:
    keine Fernleihe

     

    This paper proposes an empirical approach to decompose the distributional effects of minimum wages into effects for workers moving out of employment, workers moving into employment, and workers continuing in employment. We estimate the effects of the minimum wage on the hazard rate for wages, which provides a convenient way of re-scaling the wage distribution to control for possible employment effects. We find that minimum wage increases do not result in an abnormal concentration of Job Leavers below the new minimum wage, which is inconsistent with employment effects predicted by a neoclassical model. We also find that, for Job Stayers, the spike and spillover effects of the minimum wage are simply shifted right to the new minimum wage. Our findings are consistent with a model where entry wages are set according to a job ladder, and where firms preserve their internal wage structure due to fairness or internal incentives issues.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/284258
    Schriftenreihe: Working paper / lnstitute for Fiscal Studies ; 23, 32
    Schlagworte: Mindestlohn; Verteilungswirkung; Arbeitsmobilität; Lohnstruktur; Beschäftigungseffekt; Dekompositionsverfahren; Kanada
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen
  3. The minimum wage, turnover, and the shape of the wage distribution
    Autor*in: Brochu, Pierre; Green, David A.; Lemieux, Thomas; Townsend, James
    Erschienen: [2023]
    Verlag:  [CLEF, Canadian Labour Economics Forum], [Waterloo, Ontario]

    This paper proposes an empirical approach to decompose the distributional effects of minimum wages into effects for workers moving out of employment, workers moving into employment, and workers continuing in employment. We estimate the effects of the... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 665
    Fernleihe:
    keine Fernleihe

     

    This paper proposes an empirical approach to decompose the distributional effects of minimum wages into effects for workers moving out of employment, workers moving into employment, and workers continuing in employment. We estimate the effects of the minimum wage on the hazard rate for wages, which provides a convenient way of re-scaling the wage distribution to control for possible employment effects. We find that minimum wage increases do not result in an abnormal concentration of Job Leavers below the new minimum wage, which is inconsistent with employment effects predicted by a neoclassical model. We also find that, for Job Stayers, the spike and spillover effects of the minimum wage are simply shifted right to the new minimum wage. Our findings are consistent with a model where entry wages are set according to a job ladder, and where firms preserve their internal wage structure due to fairness or internal incentives issues.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/279421
    Schriftenreihe: Working paper series / CLEF, Canadian Labour Economics Forum ; WP #59
    Schlagworte: Mindestlohn; Verteilungswirkung; Lohnstruktur; Beschäftigungseffekt; Dekompositionsverfahren; Kanada
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen