Arindrajit Dube

Sep 5, 2024 | nber.org | Arindrajit Dube |Ben Zipperer

The own-wage elasticity (OWE) of employment estimated using minimum wage increases provides an economically meaningful measure of the policy on jobs. We discuss how to interpret the magnitude of the OWE, including in terms of welfare and under alternative models of the labor market.

Feb 13, 2024 | datanoticias.com | Arindrajit Dube

AMHERST – En medio de las presiones inflacionarias y de la agitación geopolítica, el mercado laboral norteamericano está experimentando una transformación importante: los salarios reales, especialmente los de los asalariados de bajos y medianos ingresos, están creciendo con solidez. Esta tendencia marca un cambio radical frente a décadas de una desigualdad cada vez mayor y de salarios estancados, lo que pone en tela de juicio el discurso de pesimismo económico prevaleciente.

Feb 8, 2024 | project-syndicate.org | Arindrajit Dube

AMHERST – Amid global inflationary pressures and geopolitical turmoil, the American job market is experiencing a major transformation: real wages, especially for low- and middle-income earners, are growing robustly. This trend marks a radical departure from decades of widening inequality and stagnant wages, defying the prevailing narrative of economic pessimism.