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Minimum wage increases can lead to wage reductions by imperfectly competitive firms

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  • Clark, Ken
  • Kaas, Leo
  • Madden, Paul

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  • Clark, Ken & Kaas, Leo & Madden, Paul, 2006. "Minimum wage increases can lead to wage reductions by imperfectly competitive firms," Economics Letters, Elsevier, vol. 91(2), pages 287-292, May.
    • Handle: RePEc:eee:ecolet:v:91:y:2006:i:2:p:287-292
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    References listed on IDEAS

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    1. Bhaskar, V. & To, Ted, 2003. "Oligopsony and the distribution of wages," European Economic Review, Elsevier, vol. 47(2), pages 371-399, April.
    2. Paul Madden, 1998. "Elastic demand, sunk costs and the Kreps-Scheinkman extension of the Cournot model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 12(1), pages 199-212.
    3. Leo Kaas & Paul Madden, 2004. "A new model of equilibrium involuntary unemployment," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 23(3), pages 507-527, March.
    4. Dixon, Huw David, 1992. "The Competitive Outcome as the Equilibrium in an Edgeworthian Price-Quantity Model," Economic Journal, Royal Economic Society, vol. 102(411), pages 301-309, March.
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