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Fair Wages and Social Welfare

Author

Listed:
  • Fritz Helmedag

    (Technische Universität Chemnitz)

Abstract

Based on considerations concerning justice, average and minimum wages as well as unemployment aid are determined. The derived guidelines refer to net product and reflect 'reasonable' proportions between the income categories. Thus, deviations from the suggested principles may be classified as inappropriate.

Suggested Citation

  • Fritz Helmedag, 2010. "Fair Wages and Social Welfare," Journal of Income Distribution, Ad libros publications inc., vol. 19(3-4), pages 3-8, September.
  • Handle: RePEc:jid:journl:y:2010:v:19:i:3-4:p:3-8
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    File URL: http://jid.journals.yorku.ca/index.php/jid/article/view/4841
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    More about this item

    Keywords

    fair wages; minimum wages; social welfare;
    All these keywords.

    JEL classification:

    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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