EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks.
A politico-economic analysis of minimum wages and wage subsidies
Antonis Adam ()
Thomas Moutos , 2011, vol. 110, issue 3, pages 171-173
Economics Letters Abstract:
This paper constructs a political economy model in which minimum wages are determined according to majority voting. Using the minimum wage scheme as the status quo, we show that the replacement of minimum wages by wage subsidies is not likely to receive political support unless it is supplemented by increased taxation of profits (after-tax profits are also likely to increase).
Keywords: Minimum; wages; Wage; subsidies; Majority; voting; Political; economy (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc Citations Track citations by RSS feed
Downloads: (external link) http://www.sciencedirect.com/science/article/B6V84 ... fb1b7cf8950e19ca0c36
Full text for ScienceDirect subscribers only
Related works: Working Paper: A Politico-Economic Analysis of Minimum Wages and Wage Subsidies (2006) This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:110:y:2011:i:3:p:171-173
Access Statistics for this article
Economics Letters is edited by
Economics Letters Editorial Office
More articles in Economics Letters from Elsevier
Series data maintained by Wendy Shamier ().