This US survey examines (a) Prohibiting firms from imposing employment contract provisions that prevent workers from moving to a competitor or starting a competing business would lead to a substantial increase in wages in the affected industries; (b) A ban on non-compete clauses would lead to a measurable increase in innovation; (c) A ban on non-compete clauses would lead to a measurable reduction in firms’ investment in staff training
Keyword: low-skill workers
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This week's US Economic Experts Panel statements:
A) The $300 supplement to weekly unemployment benefits available from now through September 6 constitutes a major disincentive to work for lower-wage workers.
B) The $300 supplement to weekly unemployment benefits available from now through September 6 is likely to lead to re-employment wages for currently unemployed workers that are higher by an economically meaningful amount.
This week's European Economic Experts Panel statements:
A) A federal minimum wage of $15 per hour would lower employment for low-wage workers in many states.
B) A federal minimum wage that is pegged to state and/or local conditions such as the cost of living would be preferable to the current arrangements that give states a role in setting the policy.
This week's US Economic Experts Panel statements:
A) A federal minimum wage of $15 per hour would lower employment for low-wage workers in many states.
B) A federal minimum wage that is pegged to state and/or local conditions such as the cost of living would be preferable to the current arrangements that give states a role in setting the policy.
This week’s IGM European Economic Experts Panel statements:
A) Even with the support policies implemented by European governments in response to the crisis, low-income workers will suffer a relatively bigger hit to their incomes than those further up the distribution.
B) With schools across Europe closed in the lockdown, existing gaps in access to quality education between high- and low-income households will be exacerbated.
C) Combating the effects of the pandemic on inequality should be a priority for policy interventions.
This week’s IGM Economic Experts Panel statements:
A) With the economy in lockdown, low-income workers who are above the poverty line will suffer a relatively bigger hit to their incomes than those further up the distribution (even accounting for all government support schemes).
B) With the economy in lockdown, existing gaps in access to quality education between high- and low-income households will be exacerbated.
C) The mortality impact of Covid-19 is likely to fall disproportionately on disadvantaged socio-economic groups.
This week's IGM European Economics Experts Panel statements:
A) Freer movement of goods and services across borders within Europe has made the average western European citizen better off since the 1980s.
B) Freer movement of goods and services across borders within Europe has made many low-skilled western European citizens worse off since the 1980s.
This week's IGM European Economics Experts Panel statements:
A) Freer movement of people to live and work across borders within Europe has made the average western European citizen better off since the 1980s.
B) Freer movement of people to live and work across borders within Europe has made many low-skilled western European citizens worse off since the 1980s.
This week’s IGM Economic Experts Panel statements:
A) If the federal minimum wage is raised gradually to $15-per-hour by 2020, the employment rate for low-wage US workers will be substantially lower than it would be under the status quo.
B) Increasing the federal minimum wage gradually to $15-per-hour by 2020 would substantially increase aggregate output in the US economy.
This week’s IGM Economic Experts Panel statements:
A: The average US citizen would be better off if a larger number of low-skilled foreign workers were legally allowed to enter the US each year.
B: Unless they were compensated by others, many low-skilled American workers would be substantially worse off if a larger number of low-skilled foreign workers were legally allowed to enter the US each year.
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