Worker heterogeneity and the asymmetric effects of minimum wages.

Autor/in	Luna-Alpizar, Jose Luis
Institution	Centrum pro Ekonomický Výzkum a Postgradualní Vzdelávání
Titel	Worker heterogeneity and the asymmetric effects of minimum wages. Gefälligkeitsübersetzung: Heterogenität von Arbeitnehmern und die asymmetrischen Auswirkungen von Mindestlöhnen.
Quelle	Prag (2019), 52 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	CERGE-EI working paper. 642
Sprache	englisch
Dokumenttyp	online; Monographie
ISSN	1211-3298
ISBN	978-80-7343-449-6
Schlagwörter	Arbeitsproduktivität; USA; Qualifikation; Heterogenität; Beschäftigungseffekt; Arbeitsproduktivität; Niedrig Qualifizierter; Qualifikation; Altersabhängigkeit; Heterogenität; USA
Abstract	"The paper explores the notion that minimum wages affect different low-skilled workers asymmetrically due to productivity differences. In a search model with worker heterogeneity, a rising minimum wage lowers the employment and labor force particitpation of the least productive workers by pricing them out of the market, while having the opposite effect on other low-skilled workers that remain hirable. CPS data supports these predictions; a rise in the minimum reduces the employment and labor force participation of teenagers with less than high school education, but has the opposite effect on prime-age workers with high school attainment. The calibrated model requires small firm surpluses to match these observations. If firm surplus is small due to high nonmarket activity values, a moderate rise in the minimum improves aggregate welfare even when the worker's bargaining weight is high." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2020/1