Minimum Wages and Employment

Name: Minimum Wages and Employment
Author: C. Ragacs

Static and Dynamic Non-Market-Clearing Equilibrium Models

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Paperback, blz. | Engels

Palgrave Macmillan UK | e druk, 2004

ISBN13: 9781349517565

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Palgrave Macmillan UK e druk, 2004 9781349517565

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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.

Specificaties

ISBN13:9781349517565

Taal:Engels

Bindwijze:paperback

Uitgever:Palgrave Macmillan UK

Inhoudsopgave

Introduction PART I: ON THEORY AND METHODOLOGY An Inquiry into the Theory of Minimum Wages Minimum Wages and "General Equilibrium": Methodological Problems PART II: MINIMUM WAGES AND COMPARATIVE STATICS Supporting the Partial Equilibrium Results Minimum Wages, Unemployment and the Creation of Human Capital PART III: MINIMUM WAGES AND ECONOMIC GROWTH Minimum Wages, Human Capital and Growth Minimum Wages, Unemployment and Growth Conclusions

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Minimum Wages and Employment

Static and Dynamic Non-Market-Clearing Equilibrium Models

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Specificaties

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