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Structural Models of Minimum Wage Effects: Analysis of Wage and Coverage Policies

机译：最低工资效应的结构模型：工资和保险政策分析

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The authors present a series of analytical and empirical studies of the impact of minimum wage legislation on employment and wage rates. They begin by developing 'simple' minimum wage models, ones that seem to be a natural extension and elaboration of the conventional models that have appeared in the literature on the effects of minimum wage laws. For the limited purpose of deriving analytical results, such simple models seem reasonably satisfactory, and careful analysis of such models helps correct and quality various incorrect or misleading claims about the impact of minimum wage laws.

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作者
Abowd, J. M. ; Killingsworth, M. R.;
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年度 1980
页码 1-73
总页数 73
原文格式 PDF
正文语种 eng
中图分类工业技术;
关键词
Economic models; Salaries; Employment; Manpower; Legislation; Tables(Data); Economic impact; Statistical analysis; Abilities; Unemployment; Salary administration;

机译：经济模式;薪金;就业;人力;立法;表格（数据）;经济影响;统计分析;能力;失业率;薪酬管理;

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1. Correction to: (Un)beliveable wages? An analysis of minimum wage policies in Europe from a living wage perspective [J] . Brian Fabo, Sharon Sarah Belli IZA Journal of Labor Policy . 2017,第1期

机译：更正为：（无法）合理的工资？从生活工资角度分析欧洲最低工资政策
2. (Un)beliveable wages? An analysis of minimum wage policies in Europe from a living wage perspective [J] . Brian Fabo, Sharon Sarah Belli IZA Journal of Labor Policy . 2017,第1期

机译：（令人难以置信的工资？从生活工资的角度分析欧洲的最低工资政策
3. Unemployment effects of trade with a low-wage country: A minimum-wage model with sector-specific factors [J] . Brecher Richard A., Yu Zhihao Review of international economics . 2021,第2期

机译：贸易失业效应与低工资国家：具有划分特定因素的最低工资模型
4. The Impact of Minimum Wage Policy on Wages and Employment in China [C] . XIAO Xiaoyong, XIANG Baolin International forum of human resource strategy and development . 2009

机译：最低工资政策对中国工资和就业的影响
5. Distributional effects of the minimum wage: Who benefits and who pays for increases in the federal minimum wage, 1996–1997 and 1999–2000 [D] . O'Brien-Strain, Margaret Alice 1999

机译：最低工资的分配效应：1996-1997年和1999-2000年，谁为联邦最低工资的增长从谁中受益，谁为之付款
6. State-level minimum wage and heart disease death rates in the United States 1980–2015: A novel application of marginal structural modeling [O] . Miriam E. Van Dyke, Kelli A. Komro, Monica P. Shah, -1

机译：美国的州级最低工资和心脏病死亡率1980-2015年：边际结构模型的新应用
7. We analyze, in this paper, a DSGE New Keynesian model with indi- visible labor where firms may belong to two different final goods producing sectors one where wages and employment are determined in competitive labor markets and the orther where wages and employment are the result of a contractual process between unions and firms. Bargaining between firms and monopoly unions implies real wage rigidity in the model and, in turn, an endogenous trade-off between output stabilization and infla- tion stabilization. We show that the negative effect of a productivity shock on inflation and the positive effect of a cost-push shock is crucially determined by the proportion of firms that belong to the competitive sec- tor. The larger is this number, the smaller are these effects. We derive a welfare based objective function as a second order Taylor approxima- tion of the expected utility of the economy's representative agent and we analyze optimal monetary policy. We show that the larger is the num- ber of firms that belong to the competitive sector, the smaller should be the response of the nominal interest rate to exogenous productivity and cost-push shocks. If we consider, however, an instrument rule where the interest rate must react to inflationary expectations, the rule is not af- fected by the structure of the labor market. The results of the model are consistent with a well known empirical regularity in macroeconomics, i.e. that employment volatility is larger than real wage volatility. [O] . Lorenza Rossi, Fabrizio Mattesini 100

机译：在本文中，我们分析了DsGE新凯恩斯主义模型，该模型具有明显的劳动力，其中企业可能属于两个不同的最终产品生产部门，其中工资和就业是在竞争性劳动力市场中确定的，而工资和就业是由工资和就业导致的。工会和公司之间的合同过程。企业和垄断联盟之间的讨价还价意味着模型中的实际工资刚性，反过来，产出稳定和通货膨胀稳定之间的内生权衡。我们表明，生产率冲击对通货膨胀的负面影响以及成本推动冲击的积极影响，主要取决于属于竞争部门的企业比例。这个数字越大，这些效果越小。我们得出一个基于福利的目标函数作为经济代理人的预期效用的二阶泰勒近似，我们分析最优货币政策。我们表明，属于竞争性行业的企业数量越大，名义利率对外生生产率和成本推动冲击的反应就越小。但是，如果我们考虑利率必须对通胀预期作出反应的工具规则，则该规则不受劳动力市场结构的影响。该模型的结果与宏观经济学中众所周知的经验规律一致，即就业波动率大于实际工资波动率。
8. Appendices A, B, C of Effects of Minimum Wage Policy on Inflation and on Output Prices, Employment, and Real Wage Rates By Industry [R] . Cox, J. , Oaxaca, R. 1981

机译：附录a，B，C最低工资政策对通货膨胀的影响以及按行业划分的产出价格，就业和实际工资率

Structural Models of Minimum Wage Effects: Analysis of Wage and Coverage Policies

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