Minimum Wages and Employment: Static and Dynamic Non-Market-Clearing Equilibrium Models - Brossura

Ragacs, C.

 
9781349517565: Minimum Wages and Employment: Static and Dynamic Non-Market-Clearing Equilibrium Models

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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.

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Informazioni sull'autore

CHRISTIAN RAGACS is Assistant Professor at the Vienna University of Economic and Business Administration. He teaches courses on economic policy, micro- and macroeconomics and economic growth. He received the Theodor-Körner prize for his contribution to growth policy in 1997. His fields of research are economic growth and labour economics.

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9781403934987: Minimum Wages and Employment: Static and Dynamic Non-Market Cleaning Equilibrium Models

Edizione in evidenza

ISBN 10:  1403934983 ISBN 13:  9781403934987
Casa editrice: Palgrave Macmillan, 2004
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