Working Paper
Positive and normative effects of a minimum wage
Abstract: We review the positive and normative effects of a minimum wage in various versions of a search-theoretic model of the labor market.
Keywords: Minimum wage; Labor market;
https://doi.org/10.26509/frbc-wp-200801
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https://doi.org/10.26509/frbc-wp-200801
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Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 2008
Number: 0801