Studying labor market institutions in the lab
Subtitle: minimum wages, employment protection and workfare
By: by Armin Falk, David Huffman
Contributors: Huffman, David
Series: Discussion paper -- no. 2310; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2310
Publisher: IZA
Published: 2006
Place of publication: Bonn, Germany
Language: eng
Format: [electronic resource] :
Subjects: Labor market; Minimum wage; Employees; Dismissal of; Welfare recipients; Employment
Description: "A central concern in economics is to understand the interplay between institutions and labor markets. In this paper we argue that laboratory experiments are a powerful tool for studying labor market institutions. One of the most important advantages is the ability to implement truly exogenous institutional change, in order to make clear causal inferences. We exemplify the usefulness of lab experiments by surveying evidence from three studies, each of which investigates a different, crucial labor market institution: minimum wage laws, employment protection legislation and workfare"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 9/25/2006.

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