TY  - RPRT
        AU  - Falk, Armin
AU  - Huffman, David B.
        TI  - Studying Labor Market Institutions in the Lab: Minimum Wages, Employment Protection and Workfare
        PY  - 2006/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 2310
        UR  - https://www.iza.org/publications/dp2310
        AB  - 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. 
        KW  - employment protection legislation
KW  - laboratory experiments
KW  - minimum wages
KW  - workfare
        ER  -