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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20051Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | van den Berg, Gerard J. | - |
| dc.date | 2003 | - |
| dc.date.accessioned | 2013-10-16T07:08:18Z | - |
| dc.date.available | 2013-10-16T07:08:18Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/20051 | - |
| dc.identifier | ppn:366031775 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20051 | - |
| dc.description | It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the lowest wage in the market exceeds the minimum wage. The model has multiple equilibria as a result of the fact that the reservation wage of the unemployed and the lowest production technology in use affect each other. Imposition of a minimum wage may improve social welfare. | - |
| dc.language | eng | - |
| dc.publisher | - | |
| dc.relation | IZA Discussion paper series 806 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | J42 | - |
| dc.subject | D83 | - |
| dc.subject | J3 | - |
| dc.subject | C72 | - |
| dc.subject | J6 | - |
| dc.subject | ddc:330 | - |
| dc.subject | wages | - |
| dc.subject | productivity | - |
| dc.subject | job search | - |
| dc.subject | unemployment | - |
| dc.subject | imperfect information | - |
| dc.subject | equilibrium | - |
| dc.subject | labor market policy | - |
| dc.subject | matching | - |
| dc.subject | congestion | - |
| dc.subject | Arbeitsmarkt | - |
| dc.subject | Mindestlohn | - |
| dc.subject | Arbeitsuche | - |
| dc.subject | Gleichgewichtstheorie | - |
| dc.subject | Theorie | - |
| dc.title | Multiple Equilibria and Minimum Wages in Labor Markets with Informational Frictions and Heterogeneous Production Technologies | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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