Natalya Shelkova (IDEAS) defended her thesis on Thursday, May 21 2009 under the supervision of Prof. Zimmermann (IDEAS). In her research she studies the possibility of collusion by low-wage employers at the non-binding minimum wage. She tests this hypothesis empirically in the chapter titled “Low-wage labor markets and the power of suggestion”, a version of which is a part of both our department’s working paper series as well as Princeton University’s Industrial Relations Section working papers series. She also constructed a search-theoretic model that allows for partial collusion at the minimum wage, resulting in replication of both the minimum wage spike and wage dispersion.
In August Natalya starts her new job as an Assistant Professor of Economics at Guilford College in Greensboro, NC. Guilford College, established in 1837 as one of the country colleges founded by Quakers, is strongly committed to the ideals of peace, social justice and equality. The Quakers of Greensboro cared for the wounded soldiers on both sides during the American Revolutionary War, and harbored runaway slaves seeking to escape to the North during the antebellum era. Natalya is very excited about her new job and about the opportunity to work and contribute to such a historic place.