کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
971900 932420 2010 6 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Endogenous monopsony and the perverse effect of the minimum wage in small firms
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Endogenous monopsony and the perverse effect of the minimum wage in small firms
چکیده انگلیسی

The minimum-wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum-wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into endogenous monopsonists, the minimum-wage rate has the perverse effect of reducing employment in small firms as well as what these firms offer their workers. Thus, if there are only small firms, the minimum-wage rate makes all workers that would be employed in the absence of a minimum-wage rate worse off.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Labour Economics - Volume 17, Issue 1, January 2010, Pages 224–229
نویسندگان
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