175111211X     

Minimum Wages and Employment : Static and Dynamic Non-Market-Clearing Equilibrium Models / by C. Ragacs

1st ed. 2004.

London : Palgrave Macmillan UK [2004.] ; London : Imprint: Palgrave Macmillan [2004.], 2004

1 Online-Ressource(XII, 191 p.)

Englisch

Erscheint auch als: (Druck-Ausgabe)

Erscheint auch als: (Druck-Ausgabe)

Erscheint auch als: (Druck-Ausgabe)

978-0-230-59627-6

978-1-4039-3498-7 (ISBN der Printausgabe); 978-1-349-51756-5 (ISBN der Printausgabe); 978-1-349-51755-8 (ISBN der Printausgabe)

OCoLC: 1425981504     

Elektronische Ressource: Zugang über Resolving-System (Lizenzangabe: Nationallizenz)

Digital Object Identifier (DOI): 10.1057/9780230596276

330.1 ; 330.9     Ähnliche Literatur

bicssc: KCA ; bisacsh: BUS069030

LOC-SH: Economic theory. ; Macroeconomics. ; Labor economics. ; Econometrics.

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.