Minimum Wages And Youth Unemployment
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| Author | : Richard B. Freeman |
| Publisher | : University of Chicago Press |
| Total Pages | : 568 |
| Release | : 2007-12-01 |
| Genre | : Political Science |
| ISBN | : 0226261867 |
This volume brings together a massive body of much-needed research information on a problem of crucial importance to labor economists, policy makers, and society in general: unemployment among the young. The thirteen studies detail the ambiguity and inadequacy of our present standard statistics as applied to youth employment, point out the error in many commonly accepted views, and show that many critically important aspects of this problem are not adequately understood. These studies also supply a significant amount of raw data, furnish a platform for further research and theoretical work in labor economics, and direct attention to promising avenues for future programs.
| Author | : Niall O'Higgins |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2001-04 |
| Genre | : Political Science |
| ISBN | : 9789221113843 |
This informative book discusses in depth the youth unemployment "problem" and examines the various policy responses to it, including education and training, and active labor market policy. It emphasizes the need for adequate labor market information, policy monitoring and program evaluation to help provide more and better quality jobs for young people --while also offering specific recommendations and guidelines for this age group in industrialized, transition and developing countries.
| Author | : David G. Blanchflower |
| Publisher | : University of Chicago Press |
| Total Pages | : 494 |
| Release | : 2007-12-01 |
| Genre | : Political Science |
| ISBN | : 0226056848 |
The economic status of young people has declined significantly over the past two decades, despite a variety of programs designed to aid new workers in the transition from the classroom to the job market. This ongoing problem has proved difficult to explain. Drawing on comparative data from Canada, Germany, France, Sweden, and the United Kingdom, these papers go beyond examining only employment and wages and explore the effects of family background, education and training, social expectations, and crime on youth employment. This volume brings together key studies, providing detailed analyses of the difficult economic situation plaguing young workers. Why have demographic changes and additional schooling failed to resolve youth unemployment? How effective have those economic policies been which aimed to improve the labor skills and marketability of young people? And how have youths themselves responded to the deteriorating job market confronting them? These questions form the empirical and organizational bases upon which these studies are founded.
| Author | : Richard B. Freeman |
| Publisher | : University of Chicago Press |
| Total Pages | : 488 |
| Release | : 1986 |
| Genre | : Social Science |
| ISBN | : 9780226261645 |
In recent years, the earnings of young blacks have risen substantially relative to those of young whites, but their rates of joblessness have also risen to crisis levels. The papers in this volume, drawing on the results of a groundbreaking survey conducted by the National Bureau of Economic Research, analyze the history, causes, and features of this crisis. The findings they report and conclusions they reach revise accepted explanations of black youth unemployment. The contributors identify primary determinants on both the demand and supply sides of the market and provide new information on important aspects of the problem, such as drug use, crime, economic incentives, and attitudes among the unemployed. Their studies reveal that, contrary to popular assumptions, no single factor is the predominant cause of black youth employment problems. They show, among other significant factors, that where female employment is high, black youth employment is low; that even in areas where there are many jobs, black youths get relatively few of them; that the perceived risks and rewards of crime affect decisions to work or to engage in illegal activity; and that churchgoing and aspirations affect the success of black youths in finding employment. Altogether, these papers illuminate a broad range of economic and social factors which must be understood by policymakers before the black youth employment crisis can be successfully addressed.
| Author | : Oren M. Levin-Waldman |
| Publisher | : SUNY Press |
| Total Pages | : 260 |
| Release | : 2001-01-25 |
| Genre | : Political Science |
| ISBN | : 9780791448557 |
Places contemporary minimum wage debates in historical context, stressing the importance of political as opposed to economic variables.
| Author | : David Neumark |
| Publisher | : MIT Press |
| Total Pages | : 389 |
| Release | : 2008 |
| Genre | : Income distribution |
| ISBN | : 0262141027 |
A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.
| Author | : Christopher J. Flinn |
| Publisher | : MIT Press |
| Total Pages | : 321 |
| Release | : 2011-02-04 |
| Genre | : Business & Economics |
| ISBN | : 0262288761 |
The introduction of a search and bargaining model to assess the welfare effects of minimum wage changes and to determine an “optimal” minimum wage. In The Minimum Wage and Labor Market Outcomes, Christopher Flinn argues that in assessing the effects of the minimum wage (in the United States and elsewhere), a behavioral framework is invaluable for guiding empirical work and the interpretation of results. Flinn develops a job search and wage bargaining model that is capable of generating labor market outcomes consistent with observed wage and unemployment duration distributions, and also can account for observed changes in employment rates and wages after a minimum wage change. Flinn uses previous studies from the minimum wage literature to demonstrate how his model can be used to rationalize and synthesize the diverse results found in widely varying institutional contexts. He also shows how observed wage distributions from before and after a minimum wage change can be used to determine if the change was welfare-improving. More ambitiously, and perhaps controversially, Flinn proposes the construction and formal estimation of the model using commonly available data; model estimates then enable the researcher to determine directly the welfare effects of observed minimum wage changes. This model can be used to conduct counterfactual policy experiments—even to determine “optimal” minimum wages under a variety of welfare metrics. The development of the model and the econometric theory underlying its estimation are carefully presented so as to enable readers unfamiliar with the econometrics of point process models and dynamic optimization in continuous time to follow the arguments. Although most of the book focuses on the case where only the unemployed search for jobs in a homogeneous labor market environment, later chapters introduce on-the-job search into the model, and explore its implications for minimum wage policy. The book also contains a chapter describing how individual heterogeneity can be introduced into the search, matching, and bargaining framework.
| Author | : Jeremy Seekings |
| Publisher | : Yale University Press |
| Total Pages | : 458 |
| Release | : 2008-10-01 |
| Genre | : Political Science |
| ISBN | : 0300128754 |
The distribution of incomes in South Africa in 2004, ten years after the transition to democracy, was probably more unequal than it had been under apartheid. In this book, Jeremy Seekings and Nicoli Nattrass explain why this is so, offering a detailed and comprehensive analysis of inequality in South Africa from the midtwentieth century to the early twenty-first century. They show that the basis of inequality shifted in the last decades of the twentieth century from race to class. Formal deracialization of public policy did not reduce the actual disadvantages experienced by the poor nor the advantages of the rich. The fundamental continuity in patterns of advantage and disadvantage resulted from underlying continuities in public policy, or what Seekings and Nattrass call the “distributional regime.” The post-apartheid distributional regime continues to divide South Africans into insiders and outsiders. The insiders, now increasingly multiracial, enjoy good access to well-paid, skilled jobs; the outsiders lack skills and employment.
| Author | : François Eyraud |
| Publisher | : International Labour Organization |
| Total Pages | : 154 |
| Release | : 2005 |
| Genre | : Business & Economics |
| ISBN | : 9789221170143 |
This manual draws on the ILO's comprehensive database containing the principal legal provisions and minimum wage fixing mechanisms in 100 countries. The minimum wage has had a long and turbulent history, and this study sheds light on its intricacies by providing a thorough overview of the institutions and practices in different countries. It outlines the main topics for debate concerning the effects of minimum wages on major social and economic variables such as employment, wage inequality, and poverty. The book considers the various procedures countries use for implementation, including the criteria employed to fix the minimum wage, and how they are linked to specific country objectives. It then measures the efficiency of the minimum wage, and focuses on its impact on employment as a major political issue. For the benefit of non-specialists, the validity of econometric models and their results are examined.
| Author | : United States. Bureau of Labor Statistics |
| Publisher | : |
| Total Pages | : 204 |
| Release | : 1970 |
| Genre | : Minimum wage |
| ISBN | : |
Report on the relationship of minimum wage levels and the youth unemployment problem in the USA - covers wages differentials, the distribution of young workers of the 16 to 19 year-old age group in the occupational structure, military service, recruitment standards, job requirements, full time education for students and learner certification programmes, etc., and comments on the effect of national level and local level labour legislation. Statistical tables.
