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来源类型Working Paper
规范类型报告
DOI10.3386/w25942
来源IDWorking Paper 25942
Wages and Hours Laws: What Do We Know? What Can Be Done?
Charles C. Brown; Daniel S. Hamermesh
发表日期2019-06-17
出版年2019
语种英语
摘要We summarize recent research on the wage and employment effects of minimum wage laws in the U.S. and infer from non-U.S. studies of hours laws the likely effects of unchanging U.S. hours laws. Minimum wages in the U.S. have increasingly become a province of state governments, with the effective minimum wage now closely related to a state’s wage near the lower end of its wage distribution. Original estimates demonstrate how the 45-year failure to increase the exempt earnings level for salaried workers under U.S. hours laws has raised hours of lower-earning salaried workers and reduced their weekly earnings. The overall conclusion from the literature and the original work is that wages and hours laws in the U.S. have produced impacts in the directions predicted by economic theory, but that these effects have been quite small.
主题Labor Economics ; Labor Supply and Demand ; Labor Compensation
URLhttps://www.nber.org/papers/w25942
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/583616
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Charles C. Brown,Daniel S. Hamermesh. Wages and Hours Laws: What Do We Know? What Can Be Done?. 2019.
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