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https://hdl.handle.net/10419/33254
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
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dc.contributor.author | Eckstein, Zvi | en |
dc.contributor.author | Ge, Suqin | en |
dc.contributor.author | Petrongolo, Barbara | en |
dc.date.accessioned | 2006-10-20 | - |
dc.date.accessioned | 2010-07-07T09:09:23Z | - |
dc.date.available | 2010-07-07T09:09:23Z | - |
dc.date.issued | 2006 | - |
dc.identifier.uri | http://hdl.handle.net/10419/33254 | - |
dc.description.abstract | How well does a simple search on-the-job model fit the eighteen years of job and wage mobility of high school graduates? To answer this question we are confronted from the data with a prevalent non-compliance and exemptions from the minimum wage. We incorporate this observation in a job search model with three main ingredients: (i) search on-the-job; (ii) minimum wages, with potentially imperfect compliance or exemptions; and, (iii) exogenous wage growth on-the-job. We use panel data drawn from the NLSY79, US youth panel starting in 1979, to estimate the parameters of our simple job search model and, in particular, the extent of non-compliance/exemptions to the minimum wage. The model is solved numerically and we use simulated moments to estimate the parameters. The estimated parameters are consistent with the model and they provide a good fit for the observed levels and trends of the main job and wage mobility data. Furthermore, the estimated model indicates that the non-compliance and exemption rate with the federal minimum wage translates into a roughly 10% of jobs paying less than the minimum wage. Counterfactual experiment of increase of the compliance/non-exemption rate or the minimum wage shows a small effect on mean accepted wages but a significant negative effect on the non-employment rate. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x2076 | en |
dc.subject.jel | J42 | en |
dc.subject.jel | J63 | en |
dc.subject.jel | J64 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | minimum wages | en |
dc.subject.keyword | compliance | en |
dc.subject.keyword | exemptions | en |
dc.subject.keyword | job search | en |
dc.subject.keyword | wage growth | en |
dc.title | Job and wage mobility in a search model with non-compliance (exemptions) with the minimum wage | - |
dc.type | |aWorking Paper | en |
dc.identifier.ppn | 510782108 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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