Positive and normative effects of a minimum wage

Guillaume Rocheteau () and Murat Tasci

No 801, Working Paper from Federal Reserve Bank of Cleveland

Abstract: We review the positive and normative effects of a minimum wage in various versions of a search-theoretic model of the labor market.

Keywords: Minimum wage; Labor market (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dge and nep-lab
Date: 2008
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Persistent link: http://EconPapers.repec.org/RePEc:fip:fedcwp:0801

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