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

Ragacs, C.

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

Softcover

ISBN 10: 1349517569 ISBN 13: 9781349517565

Verlag: Palgrave Macmillan, 2014

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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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�ber die Autorin bzw. den Autor

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-K�rner prize for his contribution to growth policy in 1997. His fields of research are economic growth and labour economics.

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Verlag: Palgrave Macmillan
Erscheinungsdatum: 2014
Sprache: Englisch
ISBN 10: 1349517569
ISBN 13: 9781349517565
Einband: Taschenbuch
Auflage: 1
Anzahl der Seiten: 204
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