BINDING MINIMUM WAGE AS AN EQUILIBRIUM SELECTION DEVICE

This paper investigates the effects of a binding minimum wage in an economy which exhibits multiple unemployment equilibria. For this purpose, we develop a theoretical model based on the simple imperfectly competitive model of Manning [In Conference Papers, Economic Journal 100, 151–162 (1990)], in...

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Bibliographic details
Volume:	17
Main Author:	Beugnot, Julie
Format:	Journal Article
Language:	English
Place of publication:	New York, USA Cambridge University Press 01.10.2013 CAMBRIDGE UNIV PRESS
published in:	Macroeconomic dynamics Vol. 17; no. 7; pp. 1411 - 1437
Data of publication:	20131000
ISSN:	1365-1005 1469-8056
EISSN:	1469-8056
Alternate Title:	MINIMUM WAGE AND EQUILIBRIUM SELECTION JULIE BEUGNOT
Discipline:	Economics
Subjects:	Articles Economics Business & Economics Social Sciences Labor economics Economic models Skilled workers Labor negotiations Wages & salaries Labor market Economists Minimum wage Unemployment Economic statistics Studies Economic theory Employment Labor unions Bargaining Macroeconomics Monopolistic competition Decentralized Wage Bargaining Monopolistic Competition Binding Minimum Wage Multiple Equilibria COMPETITION CONSEQUENCES EMPLOYMENT
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Knowledge Web of Science - Social Sciences Citation Index - 2013 Web of Science CrossRef ProQuest Central China ABI/INFORM Collection China ProQuest Business Collection (Alumni Edition) ProQuest One Business (Alumni) Research Library (Alumni Edition) ProQuest One Academic Eastern Edition ProQuest Recent Newspapers: Saskatoon Star Phoenix ProQuest Central (Corporate) ProQuest Central Basic ABI/INFORM Global (Corporate) ABI/INFORM Professional Standard ProQuest Business Collection Research Library China ProQuest Central (Alumni Edition) ABI/INFORM Collection ABI/INFORM Global (PDF only) ProQuest One Academic ProQuest One Academic UKI Edition ProQuest One Business Research Library (Corporate) ABI/INFORM Global ProQuest Central (purchase pre-March 2016) ProQuest Central Student Business Premium Collection Research Library Prep ProQuest Central Essentials Research Library Trade PRO ProQuest Central ProQuest Central Korea Global News & ABI/Inform Professional ABI/INFORM Global (Alumni Edition) ProQuest Central (Alumni) (purchase pre-March 2016) Business Premium Collection (Alumni) ABI/INFORM Collection (Alumni Edition) Database information Databases - DBIS