by Centre for Economic Performance, London School of Economics and Political Science in London .
Written in English
|Series||CEP discussion paper ;, no. 652, Discussion paper (London School of Economics and Political Science. Centre for Economic Performance : Online) ;, no. 652.|
|Contributions||London School of Economics and Political Science. Centre for Economic Performance.|
|The Physical Object|
|LC Control Number||2004617504|
Get this from a library! Labor market institutions, wages, and investment. [Jörn-Steffen Pischke] -- "Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage . This paper reviews the findings of more than studies on the impacts of four types of labor market institutions: minimum wages, employment protection regulation, unions and collective bargaining, . CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): Abstract: Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage . Labor Market Institutions, Wages, and Investment CESifo Economic Studies, Vol. 51, 1/ 51 worker who is completely unskilled (t = 0) because the minimum wage is above the productivity level of this worker. In a competitive labor market the firm would have no choice but to lay off the worker. In a frictional labor.
A vast literature in labor economics deals with rising wage and earnings dispersion, especially for the United States (see Katz and Autor, , for an overview). Common explanations are changes in the supply and demand for skills and tasks as well as changing labor market institutions . We conclude that labor market institutions are as important as supply and demand considerations in explaining changes in the U.S. distribution of wages from to ( K) Machine-readable . An extensive array of labor laws and regulations protects workers in the labor market and the workplace. From the National Labor Relations Act and Social Security Act of to the Occupational Safety and Health Act of and the Family Medical Leave Act of , labor unions have been instrumental in securing labor . wage formation, the importance of human capital, migration and labour market regula-tions, to name a few. These topics have received considerable attention in the academic literature in recent decades, with a number of issues generating long-running debates, notably in the context of the impact of labour market institutions.
The past couple of decades have seen a huge increase in research on various labor market institutions. This paper offers a brief overview and discussion of research on the labor market impacts of minimum wages . Beijing, Shanghai, Guangzhou, 11 September ; After last year’s slight rise in the expected wage growth, the average expected wage growth of German companies in China resumes its downward . virtues of labor market reforms that weaken or offset the impact of these institutions. This paper presents a brief and selective overview of research on how three types of labor market institutions shape labor market outcomes. The three institutions of interest are minimum wages . Current Labor Force Diversity Data by Regional Labor Market Area (RLMA) New: HTML: Current Labor Force Diversity Data by Metropolitan Statistical Area (MSA) New: HTML: Labor Force Diversity Data Book for MB: Labor Force Diversity Data Book for MB: Archived Labor Force Diversity Data Books.