Minimum Wages and Employment (PDF)
Static and Dynamic Non-Market-Clearing Equilibrium Models
(Sprache: Englisch)
Christian Ragacs develops contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of...
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Christian Ragacs develops contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed; two of them comparative static in nature and two models of endogenous growth. The results are contradictory - partly supporting the 'textbook' theory and partly yielding unorthodox results, such as no change in the steady state rates of growth and employment.
Autoren-Porträt von C. Ragacs
CHRISTIAN RAGACS is Assistant Professor at the Vienna University of Economic and Business Administration. He teaches courses on economic policy, micro- and macroeconomics and economic growth. He received the Theodor-Körner prize for his contribution to growth policy in 1997. His fields of research are economic growth and labour economics.
Bibliographische Angaben
- Autor: C. Ragacs
- 2004, 2004, 191 Seiten, Englisch
- Verlag: Springer-Verlag GmbH
- ISBN-10: 0230596274
- ISBN-13: 9780230596276
- Erscheinungsdatum: 08.06.2004
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- Grösse: 32 MB
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Sprache:
Englisch
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