+612 9045 4394
 
CHECKOUT
Minimum Wages and Employment : Static and Dynamic Non-Market-Clearing Equilibrium Models - Christian Ragacs

Minimum Wages and Employment

Static and Dynamic Non-Market-Clearing Equilibrium Models

Sorry, the book that you are looking for is not available right now.

We did a search for other books with a similar title, and found some results for you that may be helpful.

Share This Book:

Other Available Editions (Hide)

Christian Ragacs develops new contributions to the theory of minimum wages, while taking rationing and spill over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed two of them comparative static in nature and two models of endogenous growth. The results are contradictory partly supporting the 'textbook' theory and partly yielding unorthodox results, such as no change in the steady state rates of growth and employment.

List of Tablesp. x
List of Abbreviationsp. xi
Acknowledgementsp. xxii
Introductionp. 1
Minimum Wages?p. 1
Minimum Wage Systems: Selected Stylized Factsp. 3
Theoretical Considerations and Drawbacksp. 8
The Importance of Economic Growth and Human Capitalp. 9
Specific Research Questions and Outlinep. 10
On Theory and Methodology
An Inquiry into the Theory of Minimum Wagesp. 15
Introductionp. 15
Minimum Wages and Comparative Staticsp. 16
Minimum Wages and Economic Growthp. 26
The Empirical Evidencep. 30
Summary of the Main Resultsp. 36
Minimum Wages and "General Equilibrium": Methodological Problemsp. 39
Introduction: Walrasian and "Non-Market-Clearing" Equilibriap. 39
"Non-Market-Clearing" General Equilibriump. 41
Conclusions: General Effects of Minimum Wagesp. 47
Minimum Wages and Comparative Statics
Supporting the Partial Equilibrium Resultsp. 51
The Basic Model Setupp. 51
The Reference Model ("The Walrasian Economy")p. 55
The Effects of Minimum Wages ("The Effective Case")p. 60
Comparison of the Results and Conclusionsp. 63
Minimum Wages, Unemployment and the Creation of Human Capitalp. 68
The Basic Model Setupp. 68
The Reference Model ("The Walrasian Economy")p. 72
The Effects of Minimum Wages ("The Effective Case")p. 76
Comparison of the Results and Conclusionsp. 79
Minimum Wages and Economic Growth
Minimum Wages, Human Capital and Growthp. 87
The Basic Model Setupp. 87
The Reference Model ("The Walrasian Economy")p. 94
The Effects of Minimum Wages ("The Effective Case")p. 103
Discussion of the Resultsp. 117
Conclusionsp. 120
Minimum Wages, Unemployment and Growthp. 122
The Basic Model Setup and the Walrasian Economyp. 122
The Effect of Minimum Wages ("The Effective Case")p. 124
Conclusionsp. 134
Conclusionsp. 136
Minimum wages?p. 136
On Theory and Methodologyp. 137
Minimum Wages and Comparative Staticsp. 139
Minimum Wages and Economic Growthp. 140
Discussion of the Resultsp. 140
Mathematical Appendixp. 145
Appendix to Chapter 4p. 145
Appendix to Chapter 5p. 150
Appendix to Chapter 6p. 159
Appendix to Chapter 7p. 168
Notesp. 171
Bibliographyp. 176
Index of Namesp. 185
Index of Subjectsp. 188
Table of Contents provided by Rittenhouse. All Rights Reserved.

ISBN: 9781403934987
ISBN-10: 1403934983
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 191
Published: 8th June 2004
Country of Publication: US
Dimensions (cm): 21.6 x 14.0  x 1.91
Weight (kg): 0.39
Edition Number: 1