A Minimum-Wage Model of Unemployment and Growth: The Case of a Backward-Bending Demand Curve for Labor
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References listed on IDEAS
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- Richard A. Brecher & Till O. Gross, 2014. "Employment Gains from Minimum-Wage Hikes under Perfect Competition: A Simple General-Equilibrium Analysis," Carleton Economic Papers 14-14, Carleton University, Department of Economics.
More about this item
KeywordsOptimal growth; Minimum wage; Learning by doing; Involuntary unemployment;
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-DGE-2014-08-02 (Dynamic General Equilibrium)
- NEP-LAB-2014-08-02 (Labour Economics)
- NEP-MAC-2014-08-02 (Macroeconomics)
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