| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16823 |
| DP16823 Minimum Wages and Insurance within the Firm | |
| Effrosyni Adamopoulou; Francesco Manaresi; Omar Rachedi; Emircan Yurdagul | |
| 发表日期 | 2021-12-20 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Minimum wages alter the allocation of firm-idiosyncratic risk across workers. To establish this result, we focus on Italy, and leverage employer-employee data matched to firm balance sheets and hand-collected wage floors. We find a relatively larger pass-through of firm-specific labor-demand shocks into wages for the workers whose earnings are far from the floors, but who are employed by establishments intensive in minimum-wage workers. We study the welfare implications of this fact using an incomplete-market model. The asymmetric pass-through uncovers a novel channel which tilts the benefits of removing minimum wages toward high-paid employees at the expense of low-wage workers. |
| 主题 | Labour Economics ; Macroeconomics and Growth |
| 关键词 | Firm-specific shocks Pass-through Minimum wages Linked employer-employee data General equilibrium Complementarities |
| URL | https://cepr.org/publications/dp16823 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545750 |
| 推荐引用方式 GB/T 7714 | Effrosyni Adamopoulou,Francesco Manaresi,Omar Rachedi,et al. DP16823 Minimum Wages and Insurance within the Firm. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
