Employment Gains from Minimum-Wage Hikes under Perfect Competition: A Simple General-Equilibrium Analysis
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Christopher J. Flinn, 2006. "Minimum Wage Effects on Labor Market Outcomes under Search, Matching, and Endogenous Contact Rates," Econometrica, Econometric Society, vol. 74(4), pages 1013-1062, July.
- Harry G. Johnson, 1956. "The Transfer Problem and Exchange Stability," Journal of Political Economy, University of Chicago Press, vol. 64(3), pages 212-212.
- Richard A. Brecher & Till Gross, 2019.
"A minimum‐wage model of unemployment and growth: The case of a backward‐bending demand curve for labor,"
International Journal of Economic Theory, The International Society for Economic Theory, vol. 15(3), pages 297-309, September.
- Richard A. Brecher & Till O. Gross, 2014. "A Minimum-Wage Model of Unemployment and Growth: The Case of a Backward-Bending Demand Curve for Labor," Carleton Economic Papers 14-05, Carleton University, Department of Economics.
- Alan Manning, 1995.
"How Do We Know That Real Wages Are Too High?,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(4), pages 1111-1125.
- Alan Manning, 1994. "How do we Know that Real Wages are Too High?," CEP Discussion Papers dp0195, Centre for Economic Performance, LSE.
- Wolfgang F. Stolper & Paul A. Samuelson, 1941. "Protection and Real Wages," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 9(1), pages 58-73.
- Mohsen Bahmani & Hanafiah Harvey & Scott W. Hegerty, 2013. "Empirical tests of the Marshall-Lerner condition: a literature review," Journal of Economic Studies, Emerald Group Publishing, vol. 40(3), pages 411-443, May.
- Richard A. Brecher, 1974. "Minimum Wage Rates and the Pure Theory of International Trade," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 88(1), pages 98-116.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Richard A. Brecher & Till Gross, 2018. "Employment gains from minimum†wage hikes under perfect competition: A simple general†equilibrium analysis," Review of International Economics, Wiley Blackwell, vol. 26(1), pages 165-170, February.
- David Hummels & Jakob R. Munch & Chong Xiang, 2018.
"Offshoring and Labor Markets,"
Journal of Economic Literature, American Economic Association, vol. 56(3), pages 981-1028, September.
- Hummels, David & Munch, Jakob R. & Xiang, Chong, 2016. "Offshoring and Labor Markets," IZA Discussion Papers 9741, Institute of Labor Economics (IZA).
- David Hummels & Jakob R. Munch & Chong Xiang, 2016. "Offshoring and Labor Markets," NBER Working Papers 22041, National Bureau of Economic Research, Inc.
- Richard A. Brecher & Till Gross, 2019.
"A minimum‐wage model of unemployment and growth: The case of a backward‐bending demand curve for labor,"
International Journal of Economic Theory, The International Society for Economic Theory, vol. 15(3), pages 297-309, September.
- Richard A. Brecher & Till O. Gross, 2014. "A Minimum-Wage Model of Unemployment and Growth: The Case of a Backward-Bending Demand Curve for Labor," Carleton Economic Papers 14-05, Carleton University, Department of Economics.
- Bai, Xue & Chatterjee, Arpita & Krishna, Kala & Ma, Hong, 2021.
"Trade and minimum wages in general equilibrium: Theory and evidence,"
Journal of International Economics, Elsevier, vol. 133(C).
- Xue Bai & Arpita Chatterjee & Kala Krishna & Hong Ma, 2018. "Trade and Minimum Wages in General Equilibrium: Theory and Evidence," NBER Working Papers 24456, National Bureau of Economic Research, Inc.
- Richard A. Brecher & Zhihao Yu, 2021. "Trade-Induced Reduction In Unemployment Of A High-Wage Economy: A Minimum-Wage Model With Country-Specific Technology," Carleton Economic Papers 21-04, Carleton University, Department of Economics.
- Fitzenberger, Bernd, 1996. "Wages, prices, and international trade: Trends across industries for an "export champion"," Discussion Papers, Series II 323, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
- Pierre Cahuc & Guy Laroque, 2014.
"Optimal Taxation and Monopsonistic Labor Market: Does Monopsony Justify the Minimum Wage?,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 16(2), pages 259-273, April.
- Cahuc, Pierre & Laroque, Guy, 2007. "Optimal Taxation and Monopsonistic Labor Market: Does Monopsony Justify the Minimum Wage?," IZA Discussion Papers 2955, Institute of Labor Economics (IZA).
- Pierre Cahuc & Guy Laroque, 2009. "Optimal Taxation and Monopsonistic Labor Market: Does Monopsony justify the Minimum Wage?," Working Papers hal-00396252, HAL.
- Laroque, Guy & Cahuc, Pierre, 2007. "Optimal Taxation and Monopsonistic Labour Market: Does Monopsony Justify the Minimum Wage?," CEPR Discussion Papers 6416, C.E.P.R. Discussion Papers.
- Muendler, Marc-Andreas, 2017. "Trade, technology, and prosperity: An account of evidence from a labor-market perspective," WTO Staff Working Papers ERSD-2017-15, World Trade Organization (WTO), Economic Research and Statistics Division.
- repec:spo:wpecon:info:hdl:2441/3201 is not listed on IDEAS
- Wisarut Suwanprasert, 2020.
"Optimal trade policy, equilibrium unemployment, and labor market inefficiency,"
Review of International Economics, Wiley Blackwell, vol. 28(5), pages 1232-1268, November.
- Wisarut Suwanprasert, 2016. "Optimal Trade Policy, Equilibrium Unemployment and Labor Market Inefficiency," 2016 Papers psu467, Job Market Papers.
- George Economides & Thomas Moutos, 2014. "Minimum Wages as a Redistributive Device in the Long Run," CESifo Working Paper Series 5052, CESifo.
- repec:elg:eechap:15325_12 is not listed on IDEAS
- Carsten Eckel & Hartmut Egger, 2017.
"The Dilemma of Labor Unions: Local Objectives vs Global Bargaining,"
Review of International Economics, Wiley Blackwell, vol. 25(3), pages 534-566, August.
- Eckel, Carsten & Egger, Hartmut, 2012. "The Dilemma of Labor Unions: Local Objectives vs. Global Bargaining," CEPR Discussion Papers 8784, C.E.P.R. Discussion Papers.
- Marcus Dittrich, 2010. "Minimum Wages and Unemployment Benefits in a Unionized Economy: A Game-Theoretic Approach," Annals of Economics and Finance, Society for AEF, vol. 11(2), pages 209-229, November.
- Aizenman, Joshua & Frenkel, Jacob A., 1988.
"Sectorial wages and the real exchange rate,"
Journal of International Economics, Elsevier, vol. 24(1-2), pages 69-91, February.
- Joshua Aizenman & Jacob A. Frenkel, 1986. "Sectorial Wages and the Real Exchange Rate," NBER Working Papers 1801, National Bureau of Economic Research, Inc.
- John Mutti, 1981. "Regional Analysis from the Standpoint of International Trade: Is it a Useful Perspective?," International Regional Science Review, , vol. 6(2), pages 95-120, August.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2215-2288 is not listed on IDEAS
- Alan V. Deardorff, 2016. "Local Import Competition in a Lumpy Country," Working Papers 653, Research Seminar in International Economics, University of Michigan.
- Holtemöller, Oliver & Pohle, Felix, 2020.
"Employment effects of introducing a minimum wage: The case of Germany,"
Economic Modelling, Elsevier, vol. 89(C), pages 108-121.
- Holtemöller, Oliver & Pohle, Felix, 2017. "Employment effects of introducing a minimum wage: The case of Germany," IWH Discussion Papers 28/2017, Halle Institute for Economic Research (IWH).
- repec:spo:wpmain:info:hdl:2441/3201 is not listed on IDEAS
- Albert, Max & Meckl, Jürgen, 1997. "Efficiency wages, unemployment and welfare: A trade theorists' guide," Discussion Papers, Series II 348, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
- Erwin Ooghe, 2015. "Wage policies, employment, and redistributive efficiency," Working Papers 2015/42, Institut d'Economia de Barcelona (IEB).
- Richard A. Brecher & Zhiqi Chen, 2010.
"Unemployment of Skilled and Unskilled Labor in an Open Economy: International Trade, Migration, and Outsourcing,"
Review of International Economics, Wiley Blackwell, vol. 18(5), pages 990-1000, November.
- Richard Brecher & Zhiqi Chen, 2008. "Unemployment of Skilled and Unskilled Labor in an Open Economy: International Trade, Migration, and Outsourcing," Carleton Economic Papers 08-07, Carleton University, Department of Economics, revised Nov 2010.
- Guillaume Daudin & Jean-Luc Gaffard & Francesco Saraceno, 2007.
"Ordre et désordre dans l'échange international,"
Post-Print
hal-03459556, HAL.
- Guillaume Daudin & Jean-Luc Gaffard & Francesco Saraceno, 2007. "Ordre et désordre dans l'échange international," SciencePo Working papers Main hal-03459556, HAL.
More about this item
Keywords
Minimum Wage; Employment; Unemployment; Marshall-Lerner Condition;All these keywords.
JEL classification:
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
- F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
- F11 - International Economics - - Trade - - - Neoclassical Models of Trade
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:car:carecp:14-14. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Court Lindsay (email available below). General contact details of provider: .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.