Differential impact of the minimum wage on exposed and sheltered sectors
AbstractSome sectors of the economy are exposed to and some are sheltered from foreign competition. These sectors are likely to have a different composition of their labour force, notably regarding to the dependency on the minimum wage. If a national incomes policy does not respect these differences, a country can have both unemployment and a surplus on the tradae account.
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Bibliographic InfoPaper provided by EconWPA in its series General Economics and Teaching with number 9608001.
Length: 10 pages
Date of creation: 05 Aug 1996
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Note: 10 pages Word, tabels, graphs, program
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- Colignatus, Thomas, 2009. "The macro-economics of repressed stagflation. Part 2: The crisis of 2009+ and a reduction of the working week," MPRA Paper 14180, University Library of Munich, Germany.
- Colignatus, Thomas, 2011. "The crisis and the raison d’être and prospect for the UK office for budget responsibility versus an economic supreme Court," MPRA Paper 27873, University Library of Munich, Germany, revised 19 May 2010.
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