English, Article, Journal or magazine article edition: Employment Effects of Minimum Wages in Inflexible Labor Markets Ozturk, Orgul

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Bookmark: http://trove.nla.gov.au/version/105060
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Employment Effects of Minimum Wages in Inflexible Labor Markets
Author
  • Ozturk, Orgul
Physical Description
  • preprint
Notes
  • This paper structurally models and estimates the employment effects of a minimum wage regulation in an inflexible labor market with fixed employment costs. When there are fixed costs associated with employment, minimum-wage regulation not only results in a reduction in employment among low-productivity workers but also shifts the distribution of hours for the available jobs in the market, resulting in a scarcity of part-time jobs. Thus, for sufficiently high employment costs, a minimum wage makes it less likely for "marginal" workers to enter and stay in the labor market. I estimate the model using survey data from Turkey. I find a significant reduction in employment due to the loss of part-time jobs caused by the national minimum-wage policy in this highly inflexible labor market.
  • Fixed employment costs, labor market inflexibility, minimum wage, female labor force participation, part-time jobs, hours constraints
  • RePEc:pra:mprapa:8016
Language
  • English
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