Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
|
Your cart is empty |
|||
Showing 1 - 2 of 2 matches in All Departments
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.
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.
|
You may like...
|