Employment Effects of Reduced Non-wage Labour Costs PDF Download

Author: Raul Ramos
Publisher:
ISBN: 9789289715607
Category :
Languages : en
Pages :

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Author: Bob Hart
Publisher: Routledge
ISBN: 1136921699
Category : Business & Economics
Languages : en
Pages : 253

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Book Description
Throughout the OECD, 30% of the average firm’s total labour costs comprises items which are other than direct remuneration. This reissue, first published in 1984, focuses upon these non-wage labour costs, which include; fringe-benefit payments, obligatory social-welfare contributions, holiday entitlements and expenditures on recruitment and training, seeking to make amends for the woeful lack of consideration given to these important factors in previous wage literature. The book focuses on two major areas of enquiry: firstly, the costs for the cyclical behaviour of employment, and secondly, the role of average working hours per employee in the firm’s overall allocation of labour services. The author begins with an empirical survey and costs breakdown, followed by extensive data on Japan, the UK, the USA and West Germany. The ensuing analysis considers the question as to why firms incur the various non-wages, and a comparative static factor demand model is constructed, which accommodates the major cost items.

Author: Giovanna Aguilar
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 62

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Book Description
To assess the employment effects of labor costs it is crucial to have reliable estimates of the labor cost elasticity of labor demand. Using a matched firm-worker dataset, we estimate a long run unconditional labor demand function, exploiting information on workers to correct for endogeneity in the determination of wages. We evaluate the employment and deadweight loss effects of observed employers' contributions imposed by labor laws (health insurance, training, and taxes) as well as of observed workers' deductions (social security, and income tax). We find that non-wage labor costs reduce employment by 17% for white-collars and by 53% for blue-collars, with associated deadweight losses of 10% and 35% of total contributions, respectively. Since most firms undercomply with mandated employers' and workers contributions, we find that full compliance would imply employment losses of 4% for white-collars and 12% for blue-collars, with respective associated deadweight losses of 2% and 6%.

Author: Bob Hart
Publisher: Taylor & Francis
ISBN: 9780415589420
Category : Employee fringe benefits
Languages : en
Pages : 0

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Book Description
Throughout the OECD, 30% of the average firmâe(tm)s total labour costs comprises items which are other than direct remuneration. This reissue, first published in 1984, focuses upon these non-wage labour costs, which include; fringe-benefit payments, obligatory social-welfare contributions, holiday entitlements and expenditures on recruitment and training, seeking to make amends for the woeful lack of consideration given to these important factors in previous wage literature. The book focuses on two major areas of enquiry: firstly, the costs for the cyclical behaviour of employment, and secondly, the role of average working hours per employee in the firmâe(tm)s overall allocation of labour services. The author begins with an empirical survey and costs breakdown, followed by extensive data on Japan, the UK, the USA and West Germany. The ensuing analysis considers the question as to why firms incur the various non-wages, and a comparative static factor demand model is constructed, which accommodates the major cost items.

Author: International Labour Office
Publisher: International Labour Organization
ISBN: 9789221082583
Category : Business & Economics
Languages : en
Pages : 78

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Author: MarÜƯa Cervini PlÜŁ
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: Giovanna Aguilar
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
To assess the employment effects of labor costs, it is crucial to have reliable estimates of the labor cost elasticity of labor demand. Using a matched firm-worker data set, we estimate a long-run unconditional labor demand function, exploiting information on workers to correct for endogeneity in the determination of wages. We evaluate the employment and deadweight loss effects of observed employers' contributions imposed by labor laws (health insurance, training, and taxes) as well as of observed workers' deductions (social security and income tax). We find that nonwage labor costs reduce employment by 17% for white collars and by 53% for blue collars, with associated deadweight losses of 10% and 35% of total contributions, respectively. Since most firms undercomply with mandated employers' and workers' contributions, we find that full compliance would imply employment losses of 4% for white collars and 12% for blue collars, with respective associated deadweight losses of 2% and 6%.

Author: John M. Peterson
Publisher: American Enterprise Institute Press
ISBN:
Category : Political Science
Languages : en
Pages : 184

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Author: Marvin H. Kosters
Publisher: American Enterprise Institute
ISBN: 9780844770642
Category : Business & Economics
Languages : en
Pages : 142

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The Clinton administration has claimed its proposal to increase the minimum wage would not affect employment; other research supports that a higher minimum wage means fewer jobs.

Author: Francis Kramarz
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 44

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Book Description
Paper examines the impact of changes of total labour costs on employment of low-wage workers in France in a period 1980 to 1990, that saw steady increases followed by sudden and large decrease in minimum wage costs. The impact of tax subsidy is also explored.