The paper investigates whether low skilled male Albanians face unequal treatment in the Greek labour market, two years after the national adoption of the European antidiscrimination employment legislation. By means of a Correspondence Test we have estimated that Albanians face 43.5% net discrimination of access to occupations. Concentrating on the equal chance cases, we subsequently found that ...

Becker’s theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of affected workers because they induce firms to train their unskilled employees. We provide new estimates...

In developing countries, the cost of antihypertensive medications is one of the principal limiting factors when trying to treat patients with high blood pressure. To determine the changes in cost (in US dollars) of these medications and in the percentage of the minimum wage needed to purchase them, two cost studies (1990 and 1996) done in Mexico were compared. The yearly cost of a treatment wit...

The purpose of this project is to analyze the impact of a minimum wage increase on the probability of being employed in the fast food industry in selected states and to test the hypothesis that this impact may be different in different regions of the United States. Our study uses the Current Population Survey (CPS) and focuses on four states divided in two groups. The first group includes Vermo...

In spite of their positive influence on living standards and social inequality, it is commonly agreed that minimum wage laws reduce output because they produce unemployment. This paper suggests that minimum wage policy may be beneficial for a transitional economy in which labor is migrating from rural region to urban region and positive migrating costs occur. With a positive migrating cost, a b...

European collective bargaining systems have the reputation of imposing rigidity on the labor market, which leads to high unemployment, in particular when compared to the USA system. Portugal is one of the OECD economies with highest wage °exibility and lowest unemployment rate, despite having typically European labor market institutions |collective bargaining sets wages for unionized as well as...

We analyze the effect of the wage gap between regular and non-regular employment on a macroeconomy by using a Keynesian dynamic model. If the steady state equilibrium exhibits the stagnationist regime, the size of the reserve army effect affects the stability of the equilibrium. On the other hand, if the steady state equilibrium exhibits the exhilarationist regime, an increase in the wage gap d...