The optimal minimum wage with regulatory uncertainty
"For two different regulatory standards, we examine the optimal minimum wage in a competitive labour market when the government is uncertain about supply and demand. Solutions are related to underlying supply and demand conditions, and the extent of uncertainty and of rationing efficiency. We s...
Main Authors: | Bennett, John, Chioveanu, Ioana |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Bonn
2015
IZA |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19107814124919250969-The-optimal-minimum-wage-with-.htm |
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