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Alan Manning: "It is important to have institutions such as the minimum wage to adress the market power of employers" (Interview)

Author

Listed:
  • Winters, Jutta

    (Institute for Employment Research (IAB), Nuremberg, Germany)

Abstract

"Professor Alan Manning, one of the world’s most renowned labour market economists, explains in this video-statement the basic idea of imperfect competition in the labour market. He elaborates on the power of employers to keep wages lower than they would be in a competitive market and stresses the importance to address this imbalance with institutions such as the minimum wage." (Author's abstract, IAB-Doku) ((en))

Suggested Citation

  • Winters, Jutta, 2023. "Alan Manning: "It is important to have institutions such as the minimum wage to adress the market power of employers" (Interview)," IAB-Forum, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 2023(2023-06-0), pages 20230605.02.
    • Handle: RePEc:iab:iabfor:v:2023:i::p:20230605.02
    DOI: 10.48720/IAB.FOO.20230605.02
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