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Differential impact of the minimum wage on exposed and sheltered sectors

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  • Thomas Cool

    (Consultancy & Econometrics)

Abstract

Some 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.

Suggested Citation

  • Thomas Cool, 1996. "Differential impact of the minimum wage on exposed and sheltered sectors," General Economics and Teaching 9608001, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpgt:9608001
    Note: 10 pages Word, tabels, graphs, program
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    Cited by:

    1. 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.
    2. 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.
    3. Colignatus, Thomas, 2020. "Forum Theory & A National Assembly of Science and Learning," MPRA Paper 98568, University Library of Munich, Germany, revised 09 Feb 2020.

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    JEL classification:

    • A - General Economics and Teaching

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