JavaScript is disabled for your browser. Some features of this site may not work without it.
The Unemployment Effects of Minimum Wages

PERMANENT LINK(S)
Metadata
Show full item recordAuthor
Fields, Gary S.
Abstract
Analyses the effect of a minimum wage on unemployment. Using a model with covered and non‐covered sectors, comparative static analysis is performed with respect to the elasticity of demand for labour in the covered sector, the elasticity of the wage in the non‐covered sector with respect to the size of the non‐covered sector labour force, and the size of the minimum wage. It turns out, contrary to the existing literature, that for none of these parameters is the comparative static effect unidirectional.
Date Issued
1994-01-01Subject
economy; labour market; minimum wage; pay; unemployment
Related DOI:
https://doi.org/10.1108/01437729410059323Rights
Required Publisher Statement: © Emerald. Final version published as: Fields, G. S. (1994). The unemployment effects of minimum wages. International Journal of Manpower, 15(2/3), 74-81. doi: 10.1108/01437729410059323 Reprinted with permission. All rights reserved.
Type
article