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- W3123485752 abstract "What do we know about the economic consequences of labor market regulations? Few economic policy questions are as contentious as labor market regulations. The effects of minimum wages, collective bargaining provisions, and hiring/firing restrictions generate heated debates in the U.S. and other advanced economies. And yet, establishing empirical lessons about the consequences of these regulations is surprisingly difficult. In this paper, I explain some of the reasons why this is the case, and I critically review the recent findings regarding the effects of minimum wages on employment. Contrary to often asserted statements, the preponderance of the evidence still points toward a negative impact of permanently high minimum wages." @default.
- W3123485752 created "2021-02-01" @default.
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- W3123485752 date "2016-12-28" @default.
- W3123485752 modified "2023-09-27" @default.
- W3123485752 title "The Economic Consequences of Labor Market Regulations" @default.
- W3123485752 hasPublicationYear "2016" @default.
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