Minimum Wages and Employment

Static and Dynamic Non-Market-Clearing Equilibrium Models

Christian Ragacs develops contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed; two of them comparative static in nature and two models of endogenous growth. Les mer
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E-boken må lastes ned i løpet av 2 år

Vår pris: 931,-

(E-bok)
E-bøker kan leses umiddelbart etter kjøp
Min side | Adobe Digital Editions
E-boken må lastes ned i løpet av 2 år

Om boka

Christian Ragacs develops contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed; two of them comparative static in nature and two models of endogenous growth. The results are contradictory - partly supporting the 'textbook' theory and partly yielding unorthodox results, such as no change in the steady state rates of growth and employment.

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