The Political Economy of the "National Minimum Wage Institution"

Emmanuel Petrakis and M. Vlassis

DEOS Working Papers from Athens University of Economics and Business

Abstract: Whilst their products are substituable for the consumer, there exist technological asymmetries across the unionized sectors of an economy. There are high-tech as well as low-tech sectors. We show, that, due to those asymmetries in productivity, inter-sectoral minimum wage agreements may endogenously emerge, always being the medianvoter's most preferred outcome.

Keywords: MINIMUM WAGE; WORKERS' REPRESENTATION; ECONOMIC POLICY (search for similar items in EconPapers)
JEL-codes: J31 J50 L13 (search for similar items in EconPapers)
Pages: 31 pages
Date: 1999
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: The Political Economy of the "National Minimum Wage Institution" (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aue:wpaper:0099-10

Access Statistics for this paper

More papers in DEOS Working Papers from Athens University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Ekaterini Glynou ().