We model a standard competitive 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
This paper explores the notion that minimum wages affect different lowskilled workers aszmmetrically...
Although minimum wages mechanically increase the hourly pay of low-wage workers, such workers may no...
We develop the predictions of the competitive or "compensating differentials" model and the firms-un...
We model a standard competitive labour market where firms choose combinations of workers and hours ...
We model a standard competitive labour market where firms choose combinations of workers and hours p...
In a competitive model we ease the assumption that efficiency units of labour are the product of hou...
In a competitive model we ease the assumption that efficiency units of labour are the product of hou...
In a competitive model we ease the assumption that efficiency units of labour are the product of ho...
This paper develops a general equilibrium model to illustrate how hourly wages, hours of work, and t...
Using a standard production function the equilibrium hours per worker wage locus is shown to be u-sh...
Using a standard production function the equilibrium hours per worker wage locus is shown to be u-sh...
This paper shows that increases in the minimum wage rate can have ambiguous effects on the working h...
A firm's ability to adjust its production process to economize on low-skilled labor when faced with ...
Economic debates over minimum wage policy are typically premised on the assumption that raising a bi...
Abstract: Surveys suggest that considerably more workers would like to reduce their working hours a...
This paper explores the notion that minimum wages affect different lowskilled workers aszmmetrically...
Although minimum wages mechanically increase the hourly pay of low-wage workers, such workers may no...
We develop the predictions of the competitive or "compensating differentials" model and the firms-un...
We model a standard competitive labour market where firms choose combinations of workers and hours ...
We model a standard competitive labour market where firms choose combinations of workers and hours p...
In a competitive model we ease the assumption that efficiency units of labour are the product of hou...
In a competitive model we ease the assumption that efficiency units of labour are the product of hou...
In a competitive model we ease the assumption that efficiency units of labour are the product of ho...
This paper develops a general equilibrium model to illustrate how hourly wages, hours of work, and t...
Using a standard production function the equilibrium hours per worker wage locus is shown to be u-sh...
Using a standard production function the equilibrium hours per worker wage locus is shown to be u-sh...
This paper shows that increases in the minimum wage rate can have ambiguous effects on the working h...
A firm's ability to adjust its production process to economize on low-skilled labor when faced with ...
Economic debates over minimum wage policy are typically premised on the assumption that raising a bi...
Abstract: Surveys suggest that considerably more workers would like to reduce their working hours a...
This paper explores the notion that minimum wages affect different lowskilled workers aszmmetrically...
Although minimum wages mechanically increase the hourly pay of low-wage workers, such workers may no...
We develop the predictions of the competitive or "compensating differentials" model and the firms-un...