The minimum wage in the dominant firm model
Andrey Shilov and
Boris Tourovsky
No 200823, IAB-Discussion Paper from Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]
Abstract:
"This paper examines the impact of minimum wage in a dominant firm model. It is shown that in a labor-intensive market, the introduction of a binding minimum wage creates an entry barrier in the short run and increases unemployment in the long run." (Author's abstract, IAB-Doku) ((en))
Keywords: Auswirkungen; Beschäftigungseffekte; Dienstleistungsbereich; Großunternehmen; Mindestlohn; Monopol; Post; Arbeitslosigkeit; Unternehmensgründung; Wettbewerb; Wirtschaftsstruktur (search for similar items in EconPapers)
JEL-codes: C23 D43 J31 J38 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2008
New Economics Papers: this item is included in nep-lab
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:iab:iabdpa:200823
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