Gavrel, Frédéric; Lebon, Isabelle; Rebière, Thérèse - In: Economic Modelling 29 (2012) 3, pp. 691-699
We study the impact of a minimum wage in a segmented labor market in which workers are at different stages of their careers. At the end of a learning-by-doing period, workers paid the minimum wage quit “bad jobs” for better-paying “good jobs”, following an on-the-job search process with...