The Political Economy of the "National Minimum Wage Institution"
Emmanuel Petrakis () and
Minas Vlassis ()
DEOS Working Papers from Athens University of Economics and Business
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: J50 J31 L13 (search for similar items in EconPapers)
References: Add references at CitEc
Citations Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
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)
Persistent link: https://EconPapers.repec.org/RePEc:aue:wpaper:113
Access Statistics for this paper
More papers in DEOS Working Papers from Athens University of Economics and Business Contact information at EDIRC.
Series data maintained by Ekaterini Glynou ().