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The minimum wage and labor market outcomes /
Christopher Flinn presents an introduction to a search & bargaining model that can be used to assess the welfare effects of minimum wage changes & to determine an 'optimal' minimum wage.
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Cambridge, Mass. :
MIT Press,
©2010.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Christopher Flinn presents an introduction to a search & bargaining model that can be used to assess the welfare effects of minimum wage changes & to determine an 'optimal' minimum wage. "The development of the model and the econometric theory underlying its estimation are carefully presented so as to enable readers unfamiliar with the econometrics of point process models and dynamic optimization in continuous time to follow the arguments. Although most of the book focuses on the case where only the unemployed search for jobs in a homogeneous labor market environment, later chapters introduce on-the-job search into the model, and explore its implications for minimum wage policy. The book also contains a chapter describing how individual heterogeneity can be introduced into the search, matching, and bargaining framework."--Provided by publisher |
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| Descripción Física: | 1 online resource (xii, 306 pages) : illustrations |
| Bibliografía: | Includes bibliographical references (pages 287-291) and index. |
| ISBN: | 9780262289399 0262289393 0262288761 9780262288767 1283020084 9781283020084 9786613020086 6613020087 |