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The available estimations about the effect of minimum wage on poverty relies on partial equilibrium analysis. We estimate these effects in Brazil through a general equilibrium framework, dealing with lots of indirect effects of minimum wage. Using a computable general equilibrium model we...
Persistent link: https://www.econbiz.de/10014529609
Persistent link: https://www.econbiz.de/10001625466
Persistent link: https://www.econbiz.de/10001556476
The available estimations about the effect of minimum wage on poverty relies on partial equilibrium analysis. We estimate these effects in Brazil through a general equilibrium framework, dealing with lots of indirect effects of minimum wage. Using a computable general equilibrium model we...
Persistent link: https://www.econbiz.de/10012156346
"The problem of trying to estimate what the effect of the minimum wage will have on employment (or any other outcome) has puzzled economists for over 150 years. Some factions in Germany have recently contemplated supplementing their extensive system of sector and branch minimum wages with a...
Persistent link: https://www.econbiz.de/10010643145
"This paper analyses theoretical effects of minimum wages on employment and the wage distribution under a frictional setting. I review new developments in search theory and discuss the influence of minimum wages on wages and employment under each setting. Thereby, a major theoretical focus of...
Persistent link: https://www.econbiz.de/10010592293
"The problem of trying to estimate what the effect of the minimum wage will have on employment (or any other outcome) has puzzled economists for over 150 years. Some factions in Germany have recently contemplated supplementing their extensive system of sector and branch minimum wages with a...
Persistent link: https://www.econbiz.de/10011118492