Christoph Moser, Christoph; Stähler, Nikolai - Volkswirtschaftliches Forschungszentrum <Frankfurt, Main> - 2009
Labor market studies on the effects of minimum wages are typically confinedto the sector or worker group directly affected. We present a two-sector searchmodel in which one sector is more productive than the other one and thus,pays higher wages. In such a framework, setting a minimum wage in...