Smith and Living Wages: Arguments in Support of a Mandated Living Wage

Adam Smith was a proponent of living wages for labor for reasons of growth and for reasons of equity. There is ample evidence in the body of Smith's work to support the thesis that Smith would support public policies that might ensure the achievement of a living wage. The argument rests, in part, on the conclusion that Smith had reservations concerning the ability of the economy to experience sufficient growth and the ability of growth, if achieved, to secure living wages. This article argues that, given Smith's views about justice and given Smith's ideas, as part of the Scottish Enlightenment, of how the rules of justice evolve, a living wage law could be one of the general rules of which Smith could approve.     

The Living Wage – Policy And Practice

A recent development in addressing the longstanding problem of low pay in the United Kingdom has been the emergence of a social campaign for a ‘living wage’. Using a case study approach this article explores an employer's decision to pay the living wage that, in turn, provided both challenges and opportunities for the unions in their dealings with contractors.     

“薪酬激励”的调整策略

随着企业经营业务的变化而产生的用人政策的变化,往往使得现行的薪酬体系难于适应企业业务运营的需要,这是企业就必须对其现有的薪酬体系进行全方位的检测,以确定相应的调整措施,这主要包括两个方面:一是薪酬体系本身的调整; 二是相对应于员工薪酬的调整。     

The Living Wage and the Effects of Real Minimum Wages on Part-Time and Teen Employment

In many parts of the country, campaigns are being carried out and laws are being passed whose aim is to establish, among other things, standards for contracting out public services and setting acceptable living wages that will provide employees decent living standards. Living wages have economic consequences on employment of different groups of workers such as part-time, teenagers, and women and detailed data are needed to measure those effects. In the absence of such data and because of the strong link between living and minimum wages, this study tests the potential impact of living wages by using the model of minimum wages. The study documents a negative and significant relationship between real minimum wages and the employment levels of the various groups. The study also recommends better training and education, free competition in the labor market, and fair compensation based on the workers productivity as justifiable means to achieve a sustainable level of living wages without causing an unemployment repercussion.     

Political devolution and employment relations in Great Britain: the case of the Living Wage

This article examines the role of the devolved governments of Scotland and Wales in promoting the voluntary Living Wage. It shows that active promotion of the Living Wage standard has emerged in both countries from a broader commitment to an economic policy of ‘inclusive growth’. Employment law is not a devolved matter, and the article identifies a broad range of economic incentives and soft forms of regulation that have been used by the devolved governments to promote the Living Wage in the absence of hard power to legislate. Non-legislative forms of state intervention are often regarded sceptically, but the article shows that the attempts of devolved governments to spread the Living Wage have been impactful, particularly in Scotland.     

The Significance of the Living Wage for US Workers in the Early Twenty-First Century

This article provides an introduction to the importance of the living wage for low-wage workers in the United States. Described as a wage based on an estimation of the official poverty threshold for a family of four, the living wage, as an alternative to the minimum wage, is based on the notion that people working at full-time jobs, and their families, should not have to live in poverty. After discussing the emergence and growth of living wage campaigns in the United States, this essay discusses the coverage and provisions of living wage statutes, the economic effects of living wage ordinances as well as additional benefits provided to workers and unions from living wage statute implementation. The article concludes that due to the current economic conditions in the United States, the struggle to attain a living wage will become increasingly relevant in the coming years.     

风险社会中的城市居住生活安全及其制度性根源

进入后工业化时代,居住功能与城市所具有的其他经济社会功能之间的关系日益复杂化。当前我国城市发展中,城市居住生活既存在着基本的生存安全问题,也存在经济安全和社会安全等问题。大规模拆除式城市更新、住房开发的过度金融化、异化的住房租赁市场成为城市居住生活安全问题的主要影响因素。基于对这些问题的制度性根源的分析,认为城市居住生活安全问题的改善和提高,必然取决于土地制度、户籍制度等基础性制度对居住权作为人的基本权利的充分尊重和保护,住房政策、开发规制、城市更新等城市政策对于居住这一基本民生问题的目标导向的回归。     

效率工资、效率工资增长模型

本文首先介绍了效率工资的经典模型——夏皮罗一斯蒂格里兹模型,探讨了效率工资的形成以及非自愿失业出现的原因,及失业的“威胁”作用。另外,本文在符合效率工资模型的基本假定条件下,融合代理理论和强制性储蓄假说,构建了效率工资增长模型,提出了效率工资增长模型的关键等式,且由等式隐含地决定了效率工资的最优增长率。此外,还分别分析了效率工资的最优增长率与贴现率、厂商生产技术和工人偏好之间的关系。最后,探讨了最优就业路径和调整成本问题等等。     

毛里求斯 人间伊甸园

在非洲地图上,顺着马达加斯加的边缘朝东移动,有一个小点,就是被誉为“印度洋上明珠”的海岛国家毛里求斯。     

Entrepreneurship: Origins and returns

We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self-employment, but also employment in partly self-owned limited liability companies. Based on this extended entrepreneurship concept, we find that entrepreneurship tends to be profitable. It also raises income variability, but the most successful quartile gains much more than the least successful quartile loses. Key determinants of the decision to become an entrepreneur are occupational qualifications, family resources, gender, and work environments. Individual unemployment encourages, while aggregate unemployment discourages, entrepreneurship.     

Wage Determination: Reconciling Theory and Practice

Abstract . The marginal productivity theory of wages and employment has proved, over the years, to be a useful basis for analyzing wage and employment relationships. But in the real world wage rates and the size of the work force appear to be set by other considerations. The article reviews efforts by economists to take these into account. Evidence of the ability of management to manipulate wages is presented. An attempt is made to reconcile practice and theory by taking into account sociological and psychological variables and harmonizing them with the economic variables.     

Evaluation recommendations for nonprofit social marketing campaigns: An example from the Louisiana Campaign for Tobacco‐Free Living

Nonprofit organizations with limited capacity and resources must be strategic when designing, implementing, and evaluating social marketing campaigns. The Louisiana Campaign for Tobacco‐Free Living, a nonprofit public health program, implemented a mass media campaign in 2012, with the goal of increasing advocacy for policy change around the smoke‐free movement. The campaign was accompanied by a mixed–quantitative evaluation that was grounded in the diffusion of innovations theory. The evaluation consisted of unique, yet complementary, analytical components, employing traditional survey methods to measure population exposure to the campaign and Google Analytics to segment campaign website visitors into actionable categories for future programmatic efforts. Results from this study demonstrate that the 2012 Tobacco‐Free Living mass media campaign was moderately effective in reaching its target audience and highly effective in using Google Analytics to identify a group of activists (i.e., innovators) in support of the smoke‐free policy change. This study offers several recommendations for nonprofit organizations to consider when implementing and evaluating similar social marketing campaigns.     

The Minimum Wage Law and Teenage Crime: Evidence From the US

What is the effect of minimum wage regulation on youth crime? Masanori Hashimoto, of Ohio State University, argues that in the USA the evidence suggests that the minimum wage causes both unemployment and teenage crime.     

Wage determination in late socialism: The case of Poland

Does economic transition necessitate a profound change in the inter-industry wage structure? This paper argues that principles of wage determination in centrally planned economies were not basically different from those prevailing in market economies. Even if the center became involved in wage setting, reward for human capital and the compensating differential had to be taken into consideration. Moreover, market power led to rent-sharing via wage bargaining and efficiency wages. Hence, this paper claims that wages in socialist economies were determined by similar factors to those in market economies. This is supported by comparison of inter-industry wage structures between socialist and capitalist countries and by results of the estimation of the wage equation for Poland. There is a noticeable degree of similarity in wage structures generated by both systems.I started this paper when I was a research visitor at the Centre of Economic Performance, London School of Economics and completed it when I was a visiting fellow at Princeton University. While at Princeton University I was financed as a Fulbright Fellow.I am grateful to David Card, Hartmut Lehmann, Marcus Rubin, Mark Schaffer and an anonymous referee for their helpful comments and suggestions. I also wish to thank the participants of the seminars at the Industrial Relations Section of Princeton University and at the University of Maryland for useful discussion. The usual disclaimer applies.     

The Central Government-Private Sector Wage Differential

Since Ehrenberg and Schwarz (1986) there has been a plethora of articles investigating the relationship between public and private sector wages. This article examines part of this post 1986 literature by reviewing articles that examine central government-private sector wage differentials. In sum, most articles find that there is a premium paid to central government workers, although the premium has declined in recent years. In developing countries, however, the differential is usually negative. Women and minorities tend to do better in the public sector relative to their private sector counterparts. The evidence on union premiums between sectors is mixed, although the premium tends to be higher in the private sector. However public sector union workers do not do much better than private sector union members. The magnitude of all of the wage differentials discussed are sensitive to the estimation technique and data source used. The most common explanation for the public sector wage premium is economic rent accruing to government workers, although the public sector wage determination literature suggests that the differential is due to returns to political and 'vote producing' activities not relevant in the private sector.