The Effects Of Minimum Wages On Youth Employment And Income
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Author | : Charlene Marie Kalenkoski |
Publisher | : |
Total Pages | : |
Release | : 2016 |
Genre | : |
ISBN | : |
Policymakers often propose a minimum wage as a means of raising incomes and lifting workers out of poverty. However, improvements in some young workers' incomes as a result of a minimum wage come at a cost to others. Minimum wages reduce employment opportunities for youths and create unemployment. Workers miss out on on-the-job training opportunities that would have been paid for by reduced wages upfront but would have resulted in higher wages later. Youths who cannot find jobs must be supported by their families or by the social welfare system. Delayed entry into the labor market reduces the lifetime income stream of young unskilled workers.
Author | : C. K. Brown |
Publisher | : |
Total Pages | : 94 |
Release | : 1980 |
Genre | : Minimum wage |
ISBN | : |
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 | : 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.
Author | : Youcef Ghellab |
Publisher | : |
Total Pages | : 96 |
Release | : 1998 |
Genre | : Minimum wage |
ISBN | : |
Reviews the main theoretical models and recent empirical evidence on the correlation between the minimum wage and youth employment.
Author | : Steven John Kupina |
Publisher | : Kingston, Ont. : Industrial Relations Centre, Queen's University |
Total Pages | : 72 |
Release | : 1986 |
Genre | : Minimum wage |
ISBN | : |
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.
Author | : David Neumark |
Publisher | : |
Total Pages | : 27 |
Release | : 1999 |
Genre | : Minimum wage |
ISBN | : |
We estimate the employment effects of changes in national minimum wages using a pooled cross-section time-series data set comprising sixteen OECD countries for the period 1975-1997. We pay particular attention to the impact of cross-country differences in minimum wage systems and in other labor market institutions and policies that may either reduce or amplify the effects of minimum wages. Overall, our results generally are consistent with the view that minimum wages cause employment losses among youth. However, the evidence also suggests that the employment effects of minimum wages vary considerably across countries. Disemployment effects of minimum wages appear to be smaller when there are subminimum wages for youths, while, in the longer run at least, minimum wages set by collective bargaining may entail more deleterious employment effects. We also find that government policies restricting employers' ability to adjust nonpecuniary characteristics of jobs (such as hours restrictions or work rules) tend to exacerbate the negative effects of minimum wages on youth employment, while countries with active labor market policies designed to bring non-employed individuals into the work force tend to exhibit smaller disemployment effects from minimum wages
Author | : United States. Congress. Joint Economic Committee |
Publisher | : |
Total Pages | : 68 |
Release | : 1985 |
Genre | : Minimum wage |
ISBN | : |
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 | : Finis Welch |
Publisher | : |
Total Pages | : 40 |
Release | : 1975 |
Genre | : Minimum wage |
ISBN | : |
USA. Research report studying relations between minimum wages and age composition of youth employment - discusses evaluation techniques (statistical analysis) for the computation of employment elasticities and of wage differentials. References and statistical tables.