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ALLOCATING JOBS UNDER A MINIMUM-WAGE - QUEUES VS LOTTERIES
被引:3
|作者:
GANG, IN
[1
]
TOWER, E
[1
]
机构:
[1] DUKE UNIV, DURHAM, NC 27706 USA
关键词:
D O I:
10.1111/j.1475-4932.1990.tb01721.x
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
In this paper we provide a simple diagrammatic technique for incorporating variable labour supply into the specific factors model We then use the framework to analyze the positive and normative effects of a minimum wage both with a broadly based employment lottery (on‐the‐job search) and with an employment queue (the Harris‐Todaro case). We discover that with a given minimum wage replacing the queue with a lottery may be welfare reducing. Copyright © 1990, Wiley Blackwell. All rights reserved
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页码:186 / 194
页数:9
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