Your search
Results 5 resources
-
The article reviews the book, "Crewe: Railway Town, Company and People, 1840-1914," by Diane K. Drummond.
-
I undertake a Rawlsian political economy exercise—namely, one in which economic institutions are judged by how well they match principles in theories of distributive justice. I contend that such an exercise is integrally related to empirical economics because most theories of justice emphasize respect, which, in turn, depends on how wages and employment are actually assigned in an economy. I explore these ideas in relation to the minimum wage. This leads to a different emphasis on what minimum wage–related outcomes need study, and to a claim that minimum wage setting is related to standards of fairness.
-
We investigate differences in labour market transition rates between high and low minimum wage regimes using Canadian data spanning 1979–2008. We find that higher minimum wages result in lower hiring rates but also lower job separation rates. Importantly, the reduced separation rates are due mainly to reductions in layoffs, occur in the first six months of a job and are present for unskilled workers of all ages. Thus, jobs in higher minimum wage regimes are more stable but harder to get. For older workers, these effects are almost exactly offsetting, resulting in little impact on the employment rate.
-
Tight labor markets driven by resource booms could increase the opportunity cost of schooling and crowd out human capital formation. For oil-producing economies such as the Province of Alberta, the OPEC oil shocks during the period from 1973 to 1981 may have had an adverse long-term effect on the productivity of the labor force if the oil boom resulted in workers reducing their ultimate investment in human capital rather than merely altering the timing of schooling. The authors analyze the effect of this decade-long oil boom on the long-term human capital investments and productivity for Alberta birth cohorts that were of normal schooling ages before, during, and after the oil boom. Their findings suggest that resource booms may change the timing of schooling but they do not reduce the total accumulation of human capital.
-
The Institute for Research on Public Policy, in collaboration with the Canadian Labour Market and Skills Researcher Network, has gathered some of the country’s leading experts to provide new evidence on the causes and effects of growing income inequality in Canada and the role of policy. Their research and analysis is collected in this volume, the fifth in the IRPP’s The Art of the State series. --Publisher's description
Explore
Resource type
- Book (1)
- Journal Article (4)
Publication year
-
Between 1900 and 1999
(1)
-
Between 1990 and 1999
(1)
- 1997 (1)
-
Between 1990 and 1999
(1)
- Between 2000 and 2025 (4)