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. -- endogenous monopsony ; minimum wage ; noncompliance ; small firms …
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We analyze optimal taxation in an economy with monopsonistic labor markets. The individuals, whose only decisions are whether to work, or not, have heterogeneous productivities and opportunity costs of work. Given its preferences for redistribution, the government, which does not observe the...
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imply that frictions help explain minimum wage effects. -- minimum wage ; labor market flows ; monopsony ; Bayesian …
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Diskussion rund um den Mindestlohn und für die Einordnung der Ergebnisse des oft zitierten Beitrages von Card und Krueger (1994 …) von Bedeutung zu sein. -- Arbeitsmarkt ; Monopson ; Substitutionselastizität und Ausbeutungsgrad …The market forms of monopsony/oligopsony are about the only ones where the introduction of minimum wages goes along …
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