Basu, Arnab K; Chau, Nancy H; Kanbur, Ravi - C.E.P.R. Discussion Papers - 2005
In many countries, the authorities turn a blind eye to minimum wage laws that they have themselves passed. But if they are not going to enforce a minimum wage, why have one? Or if a high minimum wage is not going to be enforced one hundred percent, why not have a lower one in the first place?...