Download or read book Distributional Employment Effects of Ontario Minimum wage Proposals written by Michael T. Shannon and published by Kingston, Ont. : Industrial Relations Centre, Queen's University. This book was released on 1993 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Distributional Impact of the Minimum Wage in the Short and Long Run written by Erik Hurst and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a framework with rich worker heterogeneity, firm monopsony power, and putty-clay technology to study the distributional impact of the minimum wage in the short and long run. Our production technology is disciplined to be consistent with the small estimated employment effects of the minimum wage in the short run and the large estimated elasticities of substitution across inputs in the long run. We find that in the short run, a large increase in the minimum wage has a small effect on employment and therefore increases the labor income of the workers who were earning less than the new minimum wage. In the long run, however, the minimum wage has perverse distributional implications in that it reduces the employment, income, and welfare of precisely the low-income workers it is meant to help. Nonetheless, these long-run effects take time to fully materialize because firms slowly adjust their mix of inputs. Existing transfer programs, such as the earned income tax credit (EITC), are more effective at improving long-run outcomes for workers at the low end of the wage distribution. But combining existing programs with a modest increase in the minimum wage generates even larger welfare gains for low-earning workers.
Download or read book The Minimum Wage Turnover and the Shape of the Wage Distribution written by Pierre Brochu and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Labor Market Policies in Canada and Latin America Challenges of the New Millennium written by R. Albert Berry and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canada and the countries of Latin America are in the midst of major changes and choices in the area of labor markets and related social policy. These decisions are likely to have profound consequences for the quality of life of workers throughout the hemisphere. Labor Market Policies in Canada and Latin America: Challenges of the New Millennium reviews the evidence of Canada and Latin America on three major labor policy instruments - unemployment insurance, minimum wages and training - and on the effects of the payroll taxes which are the main means of funding the unemployment insurance system and other components of social expenditure. This is the first study attempting an in-depth comparison of these labor policy instruments between Canada and Latin America. The useful juxtaposition of Canadian and Latin American experiences comes at a time when the trend in Canada is to back away from the perhaps overly generous or ineffectively administered elements of the labor legislation/social security net and when Latin American countries have undertaken significant reforms of their past systems but require further changes to move toward the sorts of legislation and support systems that characterize developed countries. The experiences of Canada and Latin America are mutually relevant since all are small economies forced to adjust to events at the world or hemispheric level and most are inclined to approach policy in an intermediate fashion which falls between the more market-oriented American and the more interventionist European models. Together with its comparative aspect, this volume attempts a more balanced and in-depth assessment in each of the policy areas than has hitherto been available. The gradually increasing base of available empirical data on the period after the reforms has been used in the studies, which provide thorough syntheses of the available research for Canada and Latin America.
Download or read book Distributional Effects of the Minimum Wage written by Margaret Alice O'Brien-Strain and published by . This book was released on 1999 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Effect of Increasing BC s Minimum Wage written by and published by The Fraser Institute. This book was released on with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Distributional Effects of Local Minimum Wage Hikes written by Weilong Zhang and published by . This book was released on 2019 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops and estimates a spatial general equilibrium job search model to study the effects of local and universal (federal) minimum wage policies. In the model, firms post vacancies in multiple locations. Workers, who are heterogeneous in terms of location and education types, engage in random search and can migrate or commute in response to job offers. I estimate the model by combining multiple databases including the American Community Survey (ACS) and Quarterly Workforce Indicators (QWI). The estimated model is used to analyze how minimum wage policies affect employment, wages, job postings, vacancies, migration/commuting, and welfare. Empirical results show that minimum wage increases in local county lead to an exit of low type (education12 years) workers and an influx of high type workers (education = 12 years), which generates negative externalities for workers in neighboring areas. I use the model to simulate the effects of a range of minimum wages. Minimum wage increases up to $14/hour increase the welfare of high type workers but lower welfare of low type workers, expanding inequality. Increases in excess of $14/hour decrease welfare for all workers. I further evaluate two counterfactual policies: restricting labor mobility and preempting local minimum wage laws. For a certain range of minimum wages, both policies have negative impacts on the welfare of high type workers, but beneficial effects for low type workers.
Download or read book The federal minimum wage written by Gail McCallion and published by . This book was released on 1996 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Study of the Effects of the 1 25 Minimum Wage Under the Canada Labour Standards Code written by Mahmood A. Zaidi and published by Information Canada. This book was released on 1970 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study, based on the findings of a survey of the impact on employment, wages distribution and costs of provisions of labour legislation concerning the $ 1.25 minimum wage under the Canada labour (standards) code - traces the historical development of the economics of minimum wage legislation, covers current economic theory issues, legal aspects of minimum wage legislation, etc., and surveys research studies of the economic implications of such legislation. References and statistical tables.
Download or read book The Effects of Minimum Wages on Youth Employment and Unemployment in Ontario written by Steven John Kupina and published by Kingston, Ont. : Industrial Relations Centre, Queen's University. This book was released on 1986 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research paper examining the effects of the minimum wage on youth employment and youth unemployment in Ontario, Canada - based on an economic model, finds that changes in minimum wage rates have a marked effect on labour force participation by men young workers, but a lesser effect on young woman workers; indicates that the effect on unemployment is negligible. Bibliography, statistical tables.
Download or read book Labour Market Economics written by Dwayne Benjamin and published by . This book was released on 1998 with total page 758 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of a Minimum Wage Change on the Distribution of Wages and Household Income written by Paul Redmond and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We use distributional regression analysis to study the impact of a six percent increase in the Irish minimum wage on the distribution of hourly wages and household income. Wage inequality, measured by the ratio of wages in the 90th and 10th percentiles and the 75th and 25th percentiles, decreased by approximately eight percent and four percent respectively. For young workers, aged under 25, the effects were far greater, with a 24 percent reduction in the ratio of wages in the 90th and 10th percentiles. The results point towards wage spillover effects up to the 30th percentile of the wage distribution. We show that minimum wage workers are spread throughout the household income distribution and are often located in high-income households. Therefore, while we observe strong effects on the wage distribution, the impact of a minimum wage increase on the household income distribution is quite limited.
Download or read book Economics of Employment and Earnings written by Christopher J. Bruce and published by Scarborough, Ont. : Nelson Canada. This book was released on 1995 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics written by Richard G. Lipsey and published by Don Mills, Ont. : Addison-Welsey. This book was released on 1997 with total page 954 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Distribution and Employment Impacts of Raising the Minimum Wage written by Kenneth A. Couch and published by . This book was released on 1999 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Effects of Minimum Wages Throughout the Wage Distribution written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Reserve Bank of Cleveland presents the full text of a working paper entitled "The Effects of Minimum Wages Throughout the Wage Distribution," by David Neumark, Mark Schweitzer, and William Wascher. The paper discusses evidence that suggests that workers initially earning near the minimum wage are adversely affected by minimum wage increases, while higher-wage workers are little affected.
Download or read book Analyse de Politiques written by and published by . This book was released on 1995 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt:
