Dynamic effects of minimum wage on growth and innovation in a Schumpeterian economy

DOI10.1016/j.econlet.2020.108943zbMath1431.91200OpenAlexW2954507274WikidataQ126289620 ScholiaQ126289620MaRDI QIDQ2300356

Xilin Wang, Zonglai Kou, Angus C. Chu

Publication date: 27 February 2020

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://mpra.ub.uni-muenchen.de/94822/1/MPRA_paper_94822.pdf

zbMATH Keywords

unemploymentinnovationminimum wageendogenous market structure

Mathematics Subject Classification ID

Economic growth models (91B62) Labor markets (91B39)

Cites Work

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• The Manhattan metaphor
• A SCHUMPETERIAN GROWTH MODEL WITH EQUILIBRIUM UNEMPLOYMENT
• A Model of Growth Through Creative Destruction