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 University Library of Munich, Germany
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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