金沙国际_澳门金沙国际网站-www.3016.com

English Vision 关于我们 通知 新闻 日历
金沙国际唯一网址
通知
【www.3016.com论坛】第286期:6月13日 章维龙助理教授
浏览次数:163次 | 发布时间:2019-06-10

www.3016.com论坛第287期:613日章维龙助理教授

本期主题:Distributional Effects of Local Minimum Wage Hikes: A Spatial Job Search Approach


摘要:

This paper develops and estimates a spatial general equilibrium job search model to study the effects of local and universal (federal) minimum wage policies. In the model, firms post vacancies in multiple locations. Workers, who are heterogeneous in terms of location and education types, engage in random search and can migrate or commute in response to job offers. I estimate the model by combining multiple databases including the American Community Survey (ACS) and Quarterly Workforce Indicators (QWI). The estimated model is used to analyze how minimum wage policies affect employment, wages, job postings, vacancies, migration/commuting, and welfare. Empirical results show that minimum wage increases in local county lead to an exit of low type (education<12 years) workers and an influx of high type workers (education_12 years), which generates negative externalities for workers in neighboring areas. I use the model to simulate the effects of a range of minimum wages. Minimum wage increases up to $14/hour increase the welfare of high type workers but lower welfare of low type workers, expanding inequality. Increases in excess of $14/hour decrease welfare for all workers. I further evaluate two counterfactual policies: restricting labor mobility and preempting local minimum wage laws. For a certain range of minimum wages, both policies have negative impacts on the welfare of high type workers, but beneficial effects for low type workers.

 
报告人:章维龙助理教授,剑桥大学

时间:613日(周四) 1215

地点:明德主楼515教师交流室


报告人简介:

Dr. Weilong Zhang is an Assistant Professor at the faculty of economics, University of Cambridge. He received a Ph.D. in Economics from University of Pennsylvania, and a Master in Economics and a BA in Mathematics from the Renmin University of China. His current research focuses on the role of personality traits in determining individuals` decisions both in the labor market and within the household. He also has broadly interested in the general evaluation of labor market policies. He has published several papers in top journals, including European Economic Review, Quantitative Economics.


<<
Baidu
sogou
>>