| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062437 | Economics Letters | 2006 | 7 Pages |
Abstract
We construct a simple model where ex-ante homogeneous firms offer jobs with different wages and effort levels to ex-ante homogeneous workers. A minimum wage is shown to be welfare reducing because of its effect on the distribution of wages and effort.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Joel Shapiro,