Arbeitspapier
The Minimum Wage from a Two-Sided Perspective
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment, since their job-offer disincentives are countervailed by their job-acceptance incentives.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 8252
- Klassifikation
-
Wirtschaft
- Thema
-
job offer
unemployment
employment
labor market
minimum wage
job acceptance
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brown, Alessio J. G.
Merkl, Christian
Snower, Dennis J.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:23 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Brown, Alessio J. G.
- Merkl, Christian
- Snower, Dennis J.
- Institute for the Study of Labor (IZA)
Entstanden
- 2014
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