Differential impact of the minimum wage on exposed and sheltered sectors
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Thomas Cool: Consultancy & Econometrics
Authors registered in the RePEc Author Service: Thomas Colignatus ()
General Economics and Teaching from EconWPA
Some sectors of the economy are exposed to and some are sheltered from foreign competition. These sectors are likely to have a different composition of their labour force, notably regarding to the dependency on the minimum wage. If a national incomes policy does not respect these differences, a country can have both unemployment and a surplus on the tradae account.
JEL-codes: A (search for similar items in EconPapers)
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