Minimum Wages, Efficiency and Welfare

It has long been argued that a minimum wage could alleviate efficiency losses from monopsony power. In a general equilibrium framework that quantitatively replicates results from recent empirical studies, we find higher minimum wages can improve welfare, but most welfare gains stem from redistributi...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	NBER Working Paper Series 2022-01
Hauptverfasser:	Berger, David W, Herkenhoff, Kyle F, Mongey, Simon
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic Fluctuations and Growth Economic theory Efficiency Gleichgewichtsmodell Labor Studies Mindestlohn Minimum wage Wages & salaries welfare gain
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!