Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/296682 
Erscheinungsjahr: 
2023
Schriftenreihe/Nr.: 
UCD Centre for Economic Research Working Paper Series No. WP23/08
Verlag: 
University College Dublin, UCD School of Economics, Dublin
Zusammenfassung: 
Monopsonists suppress employment and wages so as to avoid matching higher wages to their existing employees. Minimum wage hikes force them to pay their existing employees more, reducing the marginal cost of hiring and increasing both wages and employment. However, once the minimum wage exceeds the marginal product of labour, employment effects become negative. We find that the first two National Minimum Wage (NMW) hikes in Ireland over the course of 2016 to 2019 increased hours worked for minimum wage workers (MWWs) in concentrated local labour markets (LLMs), while the third hike had a null or negative effect. MWWs in non-concentrated LLMs and non-MWWs were unaffected. Higher-income, more productive regions drove hours increases, while other regions showed reductions in hours following NMW hikes.
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
2.56 MB





Publikationen in EconStor sind urheberrechtlich geschützt.