LotusDomino.com - The BEST links for IBM Lotus Domino and Notes (Workplace, Websphere Portal, Quickplace, Sametime)

Minimum Wages and On-the-Job Training

Acemoglu, Daron and Pischke, Jörn-Steffen, "Minimum Wages and On-the-Job Training" (November 2001). MIT Department of Economics Working Paper No. 99-25. Available at SSRN:


    Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of affected workers because they induce firms to train their unskilled employees. We provide new estimates on the impact of the state and federal increases in the minimum wage between 1987 and 1992 on the training of low wage workers. We find no evidence that minimum wages reduce training, and little evidence that they tend to increase training. We therefore develop a hybrid model where minimum wages reduce the training investments of workers who were taking wage cuts to finance their training, while increasing the training of other workers. Finally, we provide some evidence consistent with this hybrid model.
Go to article

Click here to see more on this topic.

Previous visitors have searched for information on domino lotus, lotus notes tool and lotus notes to outlook. We do collect this information to update our site to your needs.

Lotus Notes is used by more than 100.000 people world wide. Other e-mail clients are: IncrediMail , Denshin 8 go - command line or DDE operation mode and Upas e-mail filesystem for Plan 9 from Bell Labs and other personal information manager software are: Act! (Windows) , Yahoo! Calendar and Lotus Agenda (Windows) .

Products or trademarks named are used for reference, without any implied endorsement by their holders and
without intent to infringe. Disclaimer. Copyright 2005 - feedback hulsman @t h0tmail