The ambiguous effect of minimum wages on hours

B-Tier
Journal: Labour Economics
Year: 2011
Volume: 18
Issue: 2
Pages: 218-228

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In a competitive model we ease the assumption that efficiency units of labour are the product of hours and workers. We show that a minimum wage may either increase or decrease hours per worker and the change will have the opposite sign to the slope of the equilibrium hours hourly wage locus. Similarly, total hours worked may rise or fall. We illustrate the results throughout with a Cobb-Douglas example.

Technical Details

RePEc Handle
repec:eee:labeco:v:18:y:2011:i:2:p:218-228
Journal Field
Labor
Author Count
2
Added to Database
2026-01-29