Getting Handcuffs on an Octopus
Minimum Wages, Employment, and Turnover
Bibliographic Data
| ID | 3303385 |
|---|---|
| Authors | Robert Gittings (corresponding author), R Kaj Gittings, Ian M Schmutte (R. Kaj Gittings is an Assistant Professor of Economics at Texas Tech University. Ian M. Schmutte is an Assistant Professor of Economics in the Terry College of Business, University of Georgia.), Ian Schmutte (0000-0001-5955-3599, Texas Tech University) |
| Year | 2016 |
| Volume | 69 |
| Issue | 5 |
| Pages | 1133-1170 |
| Publication date | 2016-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Industrial and Labor Relations Review (JOURNAL) |
| Journal identifiers | ISSN: 0019-7939 • E-ISSN: 2162-271X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0019793915623519 |
| OpenAlex | W3123301152 |
| Language | EN |
| Citations received | 10 |
| References cited | 39 |
Theoretical work on minimum wage policy emphasizes labor market dynamics, but the resulting implications for worker mobility remain largely untested. The authors show that in the teenage labor market, higher minimum wage standards reduce worker flows and increase job stability. Furthermore, they find that the employment effects of a relatively higher minimum wage vary considerably across markets with different levels of turnover and labor market tightness. Results help to explain the small effects of minimum wage standards on employment commonly found in the aggregate data and are consistent with labor market models that involve search frictions
Economics · Efficiency wage · Labour economics · Minimum wage · Wage · Work (physics) · Firm Innovation and Growth · Labor market dynamics and wage inequality · Labor Movements and Unions
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| Unique citing works | 10 |
|---|---|
| Citations per year | 1,11 |
| Citation span | 2017 - 2024 (8) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 9 |