Optimal Taxation and Monopsonistic Labor Market: Does Monopsony Justify the Minimum Wage?

被引：13

作者：

Cahuc, Pierre ^{[1
]}

Laroque, Guy ^{[1
]}

机构：

[1] Ecole Polytech, CREST INSEE, IZA, CEPR, F-92245 Malakoff, France

来源：

JOURNAL OF PUBLIC ECONOMIC THEORY | 2014年 / 16卷 / 02期

关键词：

REDISTRIBUTION; CONSEQUENCES; LEGISLATION; SEARCH; TAXES;

D O I：

10.1111/jpet.12063

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Does monopsony on the labor market in itself justify the implementation of a minimum wage when it would not be used in a competitive economy? This issue is studied in a model of optimal taxation. We find that there is no room for the minimum wage when there are a continuum of skills with no isolated mass point at the bottom of the wage distribution. Accordingly, in the empirically relevant situation, where there is a continuum of wages at the bottom of the distribution, the minimum wage is not helpful.

引用

页码：259 / 273

页数：15

共 49 条

[1] MONOPSONY IN THE LOW-WAGE LABOR MARKET? EVIDENCE FROM MINIMUM NURSE STAFFING REGULATIONS
Matsudaira, Jordan D.
[J]. REVIEW OF ECONOMICS AND STATISTICS, 2014, 96 (01) : 92 - 102
[2] IMPACT OF WAGE SUBSIDY PROGRAMS UPON A MONOPSONISTIC LABOR-MARKET
GREENFIELD, RL
ENGLANDER, FJ
[J]. QUARTERLY REVIEW OF ECONOMICS AND BUSINESS, 1977, 17 (03): : 78 - 84
[3] The Minimum Wage and Labor Market Outcomes
French, Eric
Manning, Alan
[J]. ECONOMIC JOURNAL, 2012, 122 (558): : F105 - F114
[4] The minimum wage and labor market outcomes
Garcia-Perez, J. Ignacio
[J]. INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2012, 21 (01) : 319 - 320
[5] The Minimum Wage and Labor Market Outcomes.
Wasmer, Etienne
[J]. JOURNAL OF ECONOMIC LITERATURE, 2013, 51 (02) : 558 - 560
[6] The Minimum Wage: Labor Market Consequences in the Czech Republic
Fialova, Kamila
Mysikova, Martina
[J]. FINANCE A UVER-CZECH JOURNAL OF ECONOMICS AND FINANCE, 2009, 59 (03): : 255 - 274
[7] The minimum wage, restaurant prices, and labor market structure
Aaronson, Daniel
French, Eric
MacDonald, James
[J]. JOURNAL OF HUMAN RESOURCES, 2008, 43 (03) : 688 - 720
[8] Capital tax, minimum wage, and labor market outcomes
Kumar, Alok
[J]. REVIEW OF ECONOMIC DYNAMICS, 2008, 11 (01) : 133 - 154
[9] Optimal capital taxation and labor market search
Domeij, D
[J]. REVIEW OF ECONOMIC DYNAMICS, 2005, 8 (03) : 623 - 650
[10] Monopsony in the Labor Market, Minimum Wages and the Time Horizon: Some Unresolved Issues
Sell, Friedrich L.
Ruf, Ernst K.
[J]. ATLANTIC ECONOMIC JOURNAL, 2016, 44 (01) : 75 - 90

← 1 2 3 4 5 →