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Minimum Wages and Employment: Static and Dynamic Non-Market Cleaning Equilibrium Models
Christian Ragacs
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Description for Minimum Wages and Employment: Static and Dynamic Non-Market Cleaning Equilibrium Models
Hardcover. Num Pages: 203 pages, biography. BIC Classification: KCF. Category: (G) General (US: Trade); (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 216 x 140 x 12. Weight in Grams: 379.
Christian Ragacs develops contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed; two of them comparative static in nature and two models of endogenous growth. The results are contradictory - partly supporting the 'textbook' theory and partly yielding unorthodox results, such as no change in the steady state rates of growth and employment.
Christian Ragacs develops contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed; two of them comparative static in nature and two models of endogenous growth. The results are contradictory - partly supporting the 'textbook' theory and partly yielding unorthodox results, such as no change in the steady state rates of growth and employment.
Product Details
Format
Hardback
Publication date
2004
Publisher
Palgrave Macmillan
Number of pages
204
Condition
New
Number of Pages
191
Place of Publication
Gordonsville, United States
ISBN
9781403934987
SKU
V9781403934987
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Christian Ragacs
CHRISTIAN RAGACS is Assistant Professor at the Vienna University of Economic and Business Administration. He teaches courses on economic policy, micro- and macroeconomics and economic growth. He received the Theodor-Körner prize for his contribution to growth policy in 1997. His fields of research are economic growth and labour economics.
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