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.
- Language
-
Englisch
- Bibliographic citation
-
Series: Kiel Working Paper ; No. 1906
- Classification
-
Wirtschaft
- Subject
-
minimum wage
labor market
employment
unemployment
job offer
job acceptance
- Event
-
Geistige Schöpfung
- (who)
-
Brown, Alessio J. G.
Merkl, Christian
Snower, Dennis J.
- Event
-
Veröffentlichung
- (who)
-
Kiel Institute for the World Economy (IfW)
- (where)
-
Kiel
- (when)
-
2014
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
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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
- Brown, Alessio J. G.
- Merkl, Christian
- Snower, Dennis J.
- Kiel Institute for the World Economy (IfW)
Time of origin
- 2014
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