Arbeitspapier
The ambiguous effect of minimum wages on workers and total hours
We model a standard competitve labour market where firms choose combinations of workers and hours per worker to produce output. If one assumes that the scale of production has no impact on hours per worker, then the change in the number of workers and hours per worker resulting from a minimum wage are inversely related, We also demonstrate that total hours worked at the firm may rise if there are small fixed costs to hiring workers.
- Language
-
Englisch
- Bibliographic citation
-
Series: UCD Centre for Economic Research Working Paper Series ; No. WP07/14
- Classification
-
Wirtschaft
Time Allocation and Labor Supply
Wages, Compensation, and Labor Costs: Public Policy
- Subject
-
minimum wages
hours
employment
Arbeitsmarkt
Mindestlohn
Arbeitszeit
Arbeitskräfte
Personalkosten
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Strobl, Eric
Walsh, Frank A.
- Event
-
Veröffentlichung
- (who)
-
University College Dublin, UCD School of Economics
- (where)
-
Dublin
- (when)
-
2007
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Strobl, Eric
- Walsh, Frank A.
- University College Dublin, UCD School of Economics
Time of origin
- 2007
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