Title: Minimum wages and employment
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
Subjects: Mathematical models, Labor market, Minimum wage