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Minimum wage increases can lead to wage reductions by imperfectly competitive firms

Clark, Ken; Kaas, Leo; Madden, Paul - In: Economics Letters 91 (2006) 2, pp. 287-292

Persistent link: https://www.econbiz.de/10005296918

Non-existence of market-clearing wages when the output market is imperfectly competitive

Kaas, Leo; Madden, Paul - In: Economics Letters 84 (2004) 2, pp. 175-182

Persistent link: https://www.econbiz.de/10005275934

Keynesian unemployment as a nash equilibrium with endogenous wage/price setting : An example

Madden, Paul - In: Economics Letters 12 (1983) 2, pp. 109-114

Persistent link: https://www.econbiz.de/10005269718

Endogenous competitive business cycles with positive outside money and positive interest elasticity of savings

Huang, Dazhan; Madden, Paul - In: Economics Letters 52 (1996) 3, pp. 309-317

Persistent link: https://www.econbiz.de/10005269766

Human capital externalities with monopsonistic competition

Kaas, Leo - In: Economics Letters 106 (2010) 2, pp. 95-97

This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions.

Persistent link: https://www.econbiz.de/10008551408