Minimum wages and employment
Subtitle: static and dynamic non-market clearing equilibrium models
By: Christian Ragacs.
Publisher: Palgrave Macmillan
Published: 2004
Place of publication: Houndmills, Basingstoke, Hampshire; New York
Language: eng
Number of pages: 191
Subjects: Minimum wage -- Mathematical models; Labor market -- Mathematical models
Description: "Within a formal framework, Christian Ragacs develops unconventional implications of minimum wages. he analyzes employment, output and growth effects, while taking into account that households involuntarily become unemployed. In this case, transactions differ from national supply and/or demand, and spill-over effects on markets other than the labor market occur."--BOOK JACKET
Notes: Includes bibliographical references (p. 176-184) and indexes.