Can a minimum wage increase employment and reduce prices in a neoclassical perfect information economy?

DOI10.1016/J.JMATECO.2007.02.003zbMATH Open1178.91094OpenAlexW2029149388WikidataQ126260768 ScholiaQ126260768MaRDI QIDQ2641998FDOQ2641998

Authors: George Deltas 

Publication date: 20 August 2007

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2007.02.003

Recommendations

• Minimum wage increases can lead to wage reductions by imperfectly competitive firms
• Minimum wage, trade and unemployment in general equilibrium
• Minimum wage and economic growth:a new theoretical model
• Minimum wage, firm dynamics, and wage inequality: Theory and evidence​
• Minimum Wage Effects on Labor Market Outcomes under Search, Matching, and Endogenous Contact Rates
• Dynamic effects of minimum wage on growth and innovation in a Schumpeterian economy
• The distributional impacts of minimum wage increases when both labor supply and labor demand are endogenous
• Minimum wages and welfare in a Hotelling duopsony
• On the heterogeneous short‐term effects of minimum wages on labor demand
• Inequality, unemployment, and endogenous growth in a political economy with a minimum wage

zbMATH Keywords

wage distributionpiece ratesendogenous effort

Mathematics Subject Classification ID

Economics of information (91B44)

Cites Work

• The fair wage-effort hypothesis and unemployment
• Endogenous wage bargaining institutions in oligopolistic sectors
• Minimum Wage Effects on Labor Market Outcomes under Search, Matching, and Endogenous Contact Rates
• Counter intuitive results in a simple model of wage negotiations

Cited In (2)

• Minimum wage increases can lead to wage reductions by imperfectly competitive firms
• The effect of doubling the minimum wage and decreasing taxes on inflation in Mexico

This page was built for publication: Can a minimum wage increase employment and reduce prices in a neoclassical perfect information economy?

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2641998)