Fair Wages and Social Welfare

Fritz Helmedag

Journal of Income Distribution, 2010, vol. 19, issue 3-4, 3-8

Abstract: Based on considerations concerning justice, average and minimum wages as well as unemployment aid are determined. The derived guidelines refer to net product and reflect 'reasonable' proportions between the income categories. Thus, deviations from the suggested principles may be classified as inappropriate.

Keywords: fair wages; minimum wages; social welfare (search for similar items in EconPapers)
JEL-codes: D33 D63 J31 (search for similar items in EconPapers)
Date: 2010
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