Downward Wage Rigidity, Corporate Investment, and Firm Value

Downward Wage Rigidity, Corporate Investment, and Firm Value

abstract: Firms reduce investment when facing downward wage rigidity (DWR), the inability or unwillingness to adjust wages downward. I construct DWR measures and exploit staggered state-level changes in minimum wage laws as an exogenous variation in DWR to document this fact. Following a minimum wag...

Full description

Bibliographic Details
Other Authors:	Cho, DuckKi (Author)
Format:	Doctoral Thesis
Language:	English
Published:	2017
Subjects:	Finance Labor economics Corporate Investment Downward Wage Rigidity Minimum Wage Laws Theory of Second Best
Online Access:	http://hdl.handle.net/2286/R.I.43981

Similar Items

Properties of the histogram location approach and the extent and change of downward nominal wage rigidity in the EU
by: Andreas Behr
Published: (2006-06-01)

Models and theories in a frictions and wage rigidities labor market
by: Cristian MARINESCU, et al.
Published: (2019-03-01)

Minimum Wages and Wage Inequality in the OECD Countries
by: Dong-Hee Joe, et al.
Published: (2020-09-01)

Minimum wage – labour market rigidity factor
by: Andreea Claudia ȘERBAN, et al.
Published: (2015-06-01)

The Czech Wage Distribution and the Minimum Wage Impacts: the Empirical Analysis
by: Kateřina Duspivová, et al.
Published: (2013-06-01)

Transferring the Cost of Wage Rigidity to Subcontracting Firms: The Case of Korea
by: Kwangho Woo, et al.
Published: (2016-08-01)

Minimum Wage and the Subsistence Level in the Russian Economy: Theoretical and Empirical Analysis of the Main Trends
by: Perekarenkova Yuliya A., et al.
Published: (2019-05-01)

The Arizona minimum wage and hour law
by: Saben, Samuel
Published: (1939)

A statistical and geographic analysis of wage theft in Hamilton County, Ohio
by: Jansen, Per, B.A.
Published: (2011)

Conditions of Minimum Wage Indexation in Czech and Slovak Legislation in the Context of Business Economics
by: Pernica Martin
Published: (2016-12-01)

Payment of Wage under Minimum Wage for Abdi Dalem of Keraton in Daerah Istimewa Yogyakarta
by: Asri Wijayanti, et al.
Published: (2019-02-01)

The effects of local wage floors for labor market outcomes: a new empirical approach
by: Carlos Henrique Corseuil Carlos Henrique Corseuil, et al.
Published: (2015-03-01)

The impact of minimum wage laws
by: Tai, Janet Yung Yung
Published: (2011)

Education and Wage Inequalities under a Counterfactual Scenario of Minimum Wage
by: Madalina Ecaterina Popescu, et al.
Published: (2017-12-01)

Rigidity of Nominal Wages of Non-Production Workers in Industrial Sector
by: Bambang Sulistiyono, et al.
Published: (2016-06-01)

The Effects of Minimum Wage Throughout the Wage Distribution in Indonesia
by: Sri Gusvina Dewi
Published: (2018-03-01)

(Un)beliveable wages? An analysis of minimum wage policies in Europe from a living wage perspective
by: Brian Fabo, et al.
Published: (2017-05-01)

BRIEF ASSESSMENTS OF THE WAGE ISSUES AT THE LEVEL OF E.U. COUNTRIES
by: DORINA NIȚĂ
Published: (2016-12-01)

Policy Analysis: Minimum Wage in the Portland Metropolitan Area
by: Aaron Kaufman
Published: (2016-06-01)

Effects of minimum wage increases on employment in Lithuania
by: Mykolas Šuminas
Published: (2015-01-01)

Where Does the Minimum Wage Bite Hardest in California?
by: Even, W.E, et al.
Published: (2019)

Factors Affecting Labor Absorption: Case Study In South Sumatra Province
by: Amanda Afifah Putri, et al.
Published: (2019-12-01)

Minimum wages and employment retention: A microeconometric study for Estonia
by: Simona Ferraro, et al.
Published: (2018-01-01)

The Impact of the Minimum Wage on Male and Female Employment and Earnings in India
by: Nidhiya Menon, et al.
Published: (2017-03-01)

The Theory of Administered Wages
by: Ford, Clyde
Published: (1951)

Minimum wage fixing for domestic employees
by: Khangala, Lavinia Musiwa
Published: (2016)

The impact of minimum wage on employment in Poland
by: Aleksandra Majchrowska, et al.
Published: (2012-01-01)

Theoretical aspects of wage regulation, with a practical application of the Fair Labor Standards Act of 1938 to small daily newspapers of Kansas
by: Platt, Charles Morris
Published: (2017)

Theoretical aspects of wage regulation, with a practical application of the Fair Labor Standards Act of 1938 to small daily newspapers of Kansas
by: Platt, Charles Morris
Published: (2015)

A First Glance at the Minimum Wage Incidence in Lithuania Using Social Security Data*
by: Jose Garcia-Louzao, et al.
Published: (2021-03-01)

Wage-setting in Italy: The Central Role Played by Case Law
by: Emanuele Menegatti
Published: (2019-12-01)

WAGE EROSION AND COMPRESSION IN THE NIGERIAN CIVIL SERVICES: IMPLICATIONS FOR PERFORMANCE
by: Samuel O. OYEDELE
Published: (2016-06-01)

The potential of the proposed minimum wage policy on income inequality and employment
by: Mgaga, Asanda
Published: (2017)

DETERMINANTS OF SCHOOL ENROLMENT IN INDONESIA: THE ROLE OF MINIMUM WAGE
by: Dyah Savitri Pritadrajati
Published: (2021-06-01)

Wage Dispersion and Employment for People With Low Skill : Sweden Compared to Six European Countries
by: Pölder, Robert
Published: (2016)

Minimum Wage and Productivity: The perspectives and implications of Malaysian hotel employees
by: Mohd, IH
Published: (2016)

The Minimum Wage Once Again:
by: Walter Block
Published: (2018-04-01)

ANALISIS VARIABEL-VARIABEL YANG MEMPENGARUHI PENYERAPAN TENAGA KERJA DAN TINGKAT UPAH RIIL DI INDONESIA TAHUN 1992--2010 (PENDEKATAN SIMULTANEOUS REGRESSION)
by: Ni Luh Putu Dewi Kusumawati
Published: (2012-07-01)

Wage-setting in Hungary - From a Labour Law Perspective
by: Attila Kun
Published: (2019-12-01)

Minimum Wage and Household Consumption in Canada: Evidence from High and Low Wage Provinces
by: Leila Sabokkhiz, et al.
Published: (2021-06-01)

Cannot write session to /tmp/vufind_sessions/sess_k82ve46bi28t6vfr6j4i2m512d