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Minimum Wages And Employment Static And Dynamic Nonmarket Cleaning Equilibrium Models Christian Ragacs

  • SKU: BELL-2437492
Minimum Wages And Employment Static And Dynamic Nonmarket Cleaning Equilibrium Models Christian Ragacs
$ 31.00 $ 45.00 (-31%)

4.8

54 reviews

Minimum Wages And Employment Static And Dynamic Nonmarket Cleaning Equilibrium Models Christian Ragacs instant download after payment.

Publisher: Palgrave Macmillan
File Extension: PDF
File size: 8.5 MB
Pages: 204
Author: Christian Ragacs
ISBN: 9781403934987, 1403934983
Language: English
Year: 2004

Product desciption

Minimum Wages And Employment Static And Dynamic Nonmarket Cleaning Equilibrium Models Christian Ragacs by Christian Ragacs 9781403934987, 1403934983 instant download after payment.

Christian Ragacs develops new 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.

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