Article ID Journal Published Year Pages File Type
5055027 Economic Modelling 2012 9 Pages PDF
Abstract
► We study the minimum wage impact in a segmented labor market with career stages. ► A rise in the minimum wage reduces the creation of less qualified jobs. ► Workers keep less qualified jobs by reducing their on-the-job search intensity. ► Ambiguous impact on unqualified employment. ► Negative impact on overall employment and global output.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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