Chapter 4
... – Typically, those who gain from trade are a much less concentrated, informed, and organized group than those who lose. • Example: Consumers and producers in the U.S. sugar industry, respectively ...
... – Typically, those who gain from trade are a much less concentrated, informed, and organized group than those who lose. • Example: Consumers and producers in the U.S. sugar industry, respectively ...
Chapter 4
... – Typically, those who gain from trade are a much less concentrated, informed, and organized group than those who lose. • Example: Consumers and producers in the U.S. sugar industry, respectively ...
... – Typically, those who gain from trade are a much less concentrated, informed, and organized group than those who lose. • Example: Consumers and producers in the U.S. sugar industry, respectively ...
raising the federal minimum wage
... Opponents of minimum-wage increases also say that small businesses cannot afford to pay higher wages. However, research shows that the majority of America’s lowest paid workers are actually employed by large corporations, which have recovered from the recession.40 Three-quarters of the 50 largest lo ...
... Opponents of minimum-wage increases also say that small businesses cannot afford to pay higher wages. However, research shows that the majority of America’s lowest paid workers are actually employed by large corporations, which have recovered from the recession.40 Three-quarters of the 50 largest lo ...
File
... 1) Relief – temporary aid to the poor and unemployed so they wouldn’t starve established Social Security for retired employees ...
... 1) Relief – temporary aid to the poor and unemployed so they wouldn’t starve established Social Security for retired employees ...
1 Wage Inequality between Skilled and Unskilled Workers in China
... to skilled workers to draw them from the privileged sector, generating a larger wage gap. An increase in the stock of workers should be associated with a decrease in wages for those workers. Hare (2002) uses Chinese micro-level data to find evidence for this effect. In general, however, higher wage ...
... to skilled workers to draw them from the privileged sector, generating a larger wage gap. An increase in the stock of workers should be associated with a decrease in wages for those workers. Hare (2002) uses Chinese micro-level data to find evidence for this effect. In general, however, higher wage ...
International Labor Mobility (cont.)
... • Optimal trade policy must weigh one group’s gain against another’s loss. – Some groups may need special treatment because they are already relatively poor (e.g., shoe and garment workers in the United States). ...
... • Optimal trade policy must weigh one group’s gain against another’s loss. – Some groups may need special treatment because they are already relatively poor (e.g., shoe and garment workers in the United States). ...
Rags, Riches and Women Workers: Export-oriented Garment
... the imposition of quotas on clothing exports from some of the early industrializing countries in East Asia led them to search for quota-free locations to set up garment assembly plants. A significant example of this in the case of Bangladesh was Daewoo from South Korea. Daewoo met the ‘quota hopping ...
... the imposition of quotas on clothing exports from some of the early industrializing countries in East Asia led them to search for quota-free locations to set up garment assembly plants. A significant example of this in the case of Bangladesh was Daewoo from South Korea. Daewoo met the ‘quota hopping ...
PDF
... to H-2A workers while others do not. Some agencies continue to service migrant farmworkers after they have become permanent residents. Questions of the workers’ legal status and their permanent residence may affect estimates of the number of farmworkers. For example, in 1996 the Virginia Employment ...
... to H-2A workers while others do not. Some agencies continue to service migrant farmworkers after they have become permanent residents. Questions of the workers’ legal status and their permanent residence may affect estimates of the number of farmworkers. For example, in 1996 the Virginia Employment ...
Chapter 3 The Origins Of Dualism David Rueda, Erik Wibbels and
... measures protect workers from ill health, aging, and unemployment ex post, labor market regulations are designed to protect them ex ante. The former set of policies can facilitate adjustments to market forces, while the latter are aimed at resisting them. This distinction is essential to the rest o ...
... measures protect workers from ill health, aging, and unemployment ex post, labor market regulations are designed to protect them ex ante. The former set of policies can facilitate adjustments to market forces, while the latter are aimed at resisting them. This distinction is essential to the rest o ...
Chapter 4
... • Income Distribution and Trade Politics – Typically, those who gain from trade are a much less concentrated, informed, and organized group than those who lose. • Example: Consumers and producers in the U.S. sugar industry, respectively ...
... • Income Distribution and Trade Politics – Typically, those who gain from trade are a much less concentrated, informed, and organized group than those who lose. • Example: Consumers and producers in the U.S. sugar industry, respectively ...
The Economic and Ethical Implications of Living Wages
... living wages are tailored to the local economy and its standard of living, which makes the wage more accurate but involves a more complex calculation and definition. A living wage calculator estimates an hourly wage for a 40-hour workweek that affords one head-of-household (with various combinations ...
... living wages are tailored to the local economy and its standard of living, which makes the wage more accurate but involves a more complex calculation and definition. A living wage calculator estimates an hourly wage for a 40-hour workweek that affords one head-of-household (with various combinations ...
Estimating Wage Effects of Proposed Minimum Wage Increases
... NOTE: Full methodology will be included in the forthcoming report: Chapman, Jeff, The Wage Effects of Minimum Wage Increases, Washington, D.C.: Economic Policy Institute. The model The first step is to calculate the effect of a minimum wage increase on average wages at different points in the wage d ...
... NOTE: Full methodology will be included in the forthcoming report: Chapman, Jeff, The Wage Effects of Minimum Wage Increases, Washington, D.C.: Economic Policy Institute. The model The first step is to calculate the effect of a minimum wage increase on average wages at different points in the wage d ...
PAY RISES ARE A PLUS FOR THE ECONOMY Introduction Wages
... fixed and that the company can take a larger chip of this total demand by offering cheaper products and services. In reality however, not ‘all else is equal”. Especially in times of crisis, many other companies are likely to react in the same way by squeezing their own workers’ wages. However, if th ...
... fixed and that the company can take a larger chip of this total demand by offering cheaper products and services. In reality however, not ‘all else is equal”. Especially in times of crisis, many other companies are likely to react in the same way by squeezing their own workers’ wages. However, if th ...
The Minimum Wage Mandate - Digital Commons @ IWU
... workers’ rights and stopping predatory firms, there were many unintended consequences to come from this law. As companies and firms were now forced to increase their employees’ wages, they looked to find ways to cut cost elsewhere to keep profits high including raising prices, cutting workers, or mo ...
... workers’ rights and stopping predatory firms, there were many unintended consequences to come from this law. As companies and firms were now forced to increase their employees’ wages, they looked to find ways to cut cost elsewhere to keep profits high including raising prices, cutting workers, or mo ...
Child Labor in US Import Industries
... Possible loss of market share due to purchases from ethically dubious sources has created a need for companies to have a greater awareness of the labor practices of their suppliers. Of particular concern to many people is the use of children in the production process and the often unsafe conditions ...
... Possible loss of market share due to purchases from ethically dubious sources has created a need for companies to have a greater awareness of the labor practices of their suppliers. Of particular concern to many people is the use of children in the production process and the often unsafe conditions ...
Distortions in the International Migrant Labor Market:
... their citizens work abroad. The government of the Philippines has been on the forefront of promoting overseas temporary contract work and making emigration part of its national development strategy, and many other developing countries are now seeking to emulate the Philippines in this regard. Howeve ...
... their citizens work abroad. The government of the Philippines has been on the forefront of promoting overseas temporary contract work and making emigration part of its national development strategy, and many other developing countries are now seeking to emulate the Philippines in this regard. Howeve ...
5 Labor Market Policies in Response to Structural Changes in Labor
... The underlying labor market mechanism appropriate for displaced workers indicates that the problem is more of a wage than an employment p r ~ b l e mFrom . ~ the vantage point of the workers, the jobs that are lost are those in which the workers have invested in specific training, acquired the benef ...
... The underlying labor market mechanism appropriate for displaced workers indicates that the problem is more of a wage than an employment p r ~ b l e mFrom . ~ the vantage point of the workers, the jobs that are lost are those in which the workers have invested in specific training, acquired the benef ...
PDF
... capital formation. This is due to both the employment prospects abroad and to higher (lower) domestic wages for unskilled (skilled) work. The economy undergoes a transition where the new unskilled workers replace the oldest, both skilled and unskilled workers, and consequently lower (increase) the m ...
... capital formation. This is due to both the employment prospects abroad and to higher (lower) domestic wages for unskilled (skilled) work. The economy undergoes a transition where the new unskilled workers replace the oldest, both skilled and unskilled workers, and consequently lower (increase) the m ...
The Ups and Downs of Minimum Wage Policy
... models (Bowles 1985; Shapiro and Stiglitz 1984). These models also explained why wages do not get competed down to a level that eliminates unemployment. The persistence of unemployment provides the basis for another popular economic intuition that has justified minimum wages. In this approach, worker ...
... models (Bowles 1985; Shapiro and Stiglitz 1984). These models also explained why wages do not get competed down to a level that eliminates unemployment. The persistence of unemployment provides the basis for another popular economic intuition that has justified minimum wages. In this approach, worker ...
Analysis of Trends and Challenges in the Indonesian Labor Market
... Performance in the labor market has been weak, with slow job growth and high levels of labor underutilization. Different groups of workers, particularly youth, women and rural dwellers, have had disparate labor market outcomes, highlighting problems posed by labor market segmentation. Increasing inv ...
... Performance in the labor market has been weak, with slow job growth and high levels of labor underutilization. Different groups of workers, particularly youth, women and rural dwellers, have had disparate labor market outcomes, highlighting problems posed by labor market segmentation. Increasing inv ...
REGIONAL INTEGRATION AND MIGRATION: AN ECONOMIC
... largely based on this human infrastructure (Florida, 1995). Consequently, a region with a more skilled labour force is likely to grow faster than a region with a less skilled labour force. Migration of high skilled workers may potentially have consequences on the regional ...
... largely based on this human infrastructure (Florida, 1995). Consequently, a region with a more skilled labour force is likely to grow faster than a region with a less skilled labour force. Migration of high skilled workers may potentially have consequences on the regional ...
NBER WORKING PAPER SERIES WHY TRADE CAN HURT
... the distorted good is higher in the distorted economy, it tends to be imported, with adverse consequences on the level and distribution of income. Such factor market distortions have similar effects even when goods are divisible. By modifying the standard trade models, namely the Ricardian, Specific ...
... the distorted good is higher in the distorted economy, it tends to be imported, with adverse consequences on the level and distribution of income. Such factor market distortions have similar effects even when goods are divisible. By modifying the standard trade models, namely the Ricardian, Specific ...
Globalisation, Jobs and Wages
... to trade and investment. Over the past 15 years, total trade as a proportion of gross domestic product (GDP) grew by over 50% in Russia, nearly doubled in China and more than doubled in Brazil and India. Standard trade theory suggests that this development could be a source of increased job insecuri ...
... to trade and investment. Over the past 15 years, total trade as a proportion of gross domestic product (GDP) grew by over 50% in Russia, nearly doubled in China and more than doubled in Brazil and India. Standard trade theory suggests that this development could be a source of increased job insecuri ...
BA 362 ch006
... traded-off against competing commodities. It treats health and safety merely as an instrumental value and denies its intrinsic value. Cost-benefit requires that an economic value be placed on one’s life and bodily integrity. ...
... traded-off against competing commodities. It treats health and safety merely as an instrumental value and denies its intrinsic value. Cost-benefit requires that an economic value be placed on one’s life and bodily integrity. ...
Allowing for Low-Cost Labor in Underdeveloped and
... economic benefits and disadvantages that industrialization creates, the improvements and decrements concerning quality of life that industrialization brings, the environment that is necessary for creating a competitive market that can sustain industrialization, and the working conditions that are in ...
... economic benefits and disadvantages that industrialization creates, the improvements and decrements concerning quality of life that industrialization brings, the environment that is necessary for creating a competitive market that can sustain industrialization, and the working conditions that are in ...
Sweatshop
Sweatshop (or sweat factory) is a pejorative term for a workplace that has socially unacceptable working conditions. The work may be difficult, dangerous or underpaid. Workers in sweatshops may work long hours for low pay, regardless of laws mandating overtime pay or a minimum wage; child labor laws may also be violated.