wow-inequalities/02-data/intermediate/wos_sample/61d804791be9ea6f34eeba2e8b8ee1b5-garcia-louzao-jose/info.yaml

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2023-09-28 14:46:10 +00:00
abstract: 'This paper evaluates the worker-level effects of a historically large
and permanent increase in the minimum wage in Lithuania. Our
identification strategy leverages variation in workers'' exposure to the
new minimum wage, and exploits the fact that there has been no increase
in the minimum wage in previous years, to account for heterogeneous
labor market prospects of low-wage workers relative to high-wage
workers. Using detailed administrative records to track workers before
and after the policy change, we show that the minimum wage hike
significantly increased the earnings of low-wage workers. This direct
effect was amplified by wage spillovers reaching the median of the
pre-policy income distribution. Overall, we find no negative effects on
the employment prospects of low-wage workers. However, we provide
suggestive evidence that young workers, highly exposed municipalities,
and tradable sectors may be more negatively affected. In contrast, labor
market concentration or the presence of envelope wages appear to be
associated with lower job losses. Taken together, our findings imply an
employment elasticity with respect to the minimum wage of -0.021, and an
own-wage elasticity of -0.033, suggesting that wage gains dominated
employment losses.'
affiliation: 'Garcia-Louzao, J (Corresponding Author), Bank Lithuania, Totoriu G 4,
LT-01121 Vilnius, Lithuania.
Garcia-Louzao, Jose; Tarasonis, Linas, Bank Lithuania, Totoriu G 4, LT-01121 Vilnius,
Lithuania.
Garcia-Louzao, Jose; Tarasonis, Linas, Vilnius Univ, Vilnius, Lithuania.'
author: Garcia-Louzao, Jose and Tarasonis, Linas
author-email: jgarcialouzao@lb.lt
author_list:
- family: Garcia-Louzao
given: Jose
- family: Tarasonis
given: Linas
da: '2023-09-28'
doi: 10.1016/j.jce.2022.12.002
earlyaccessdate: JUN 2023
eissn: 1095-7227
files: []
issn: 0147-5967
journal: JOURNAL OF COMPARATIVE ECONOMICS
keywords: Minimum wage; Employment; Wages
keywords-plus: YOUTH EMPLOYMENT; INEQUALITY; FIRMS
language: English
month: JUN
number: '2'
number-of-cited-references: '78'
orcid-numbers: Garcia-Louzao, Jose/0000-0002-2211-1401
pages: 592-609
papis_id: 7d4db23516f24efdee4302f4b848a1a1
ref: Garcialouzao2023wageemployment
times-cited: '0'
title: 'Wage and Employment Impact of Minimum Wage: Evidence from Lithuania ✩'
2023-10-01 08:15:07 +00:00
type: article
2023-09-28 14:46:10 +00:00
unique-id: WOS:001019095200001
usage-count-last-180-days: '8'
usage-count-since-2013: '8'
volume: '51'
web-of-science-categories: Economics
year: '2023'