IDEAS home Printed from https://ideas.repec.org/p/koe/wpaper/1617.html
   My bibliography  Save this paper

Minimum Wage, Economic Growth and Preference for Consumption

Author

Listed:
  • Minoru Watanabe

    (Faculty of Economics and Business Administration, Kyoto Gakuin University)

Abstract

We build a simple overlapping generations model with minimum wage. Many eariler papers do not enough consider household fs preference in the context of minimum wage and ecoomic growth under a dynamic framework Therefore our study focus on the household fs preference for consumption. Results show whether an increase in minimum wage promotes economic growth or not depends on the preference for consumption.

Suggested Citation

  • Minoru Watanabe, 2016. "Minimum Wage, Economic Growth and Preference for Consumption," Discussion Papers 1617, Graduate School of Economics, Kobe University.
    • Handle: RePEc:koe:wpaper:1617
    as

    Download full text from publisher

    File URL: http://www.econ.kobe-u.ac.jp/RePEc/koe/wpaper/2016/1617.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Minimum wage: Unemployment: Economic growth;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    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:koe:wpaper:1617. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Kimiaki Shirahama (email available below). General contact details of provider: https://edirc.repec.org/data/fekobjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.