Endogenous monopsony and the perverse effect of the minimum wage in small firms

被引：15

作者：

Danziger, Leif ^{[1
,2
,3
]}

机构：

[1] Ben Gurion Univ Negev, Dept Econ, IL-84105 Beer Sheva, Israel

[2] CESifo, D-81679 Munich, Germany

[3] IZA, D-53113 Bonn, Germany

来源：

LABOUR ECONOMICS | 2010年 / 17卷 / 01期

关键词：

Endogenous monopsony; Minimum wage; Noncompliance; Small firms; EMPLOYMENT; LAW;

D O I：

10.1016/j.labeco.2009.07.006

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The minimum-wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum-wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into endogenous monopsonists, the minimum-wage rate has the perverse effect of reducing employment in small firms as well as what these firms offer their workers. Thus, if there are only small firms, the minimum-wage rate makes all workers that would be employed in the absence of a minimum-wage rate worse off. (C) 2009 Elsevier B.V. All rights reserved.

引用

页码：224 / 229

页数：6

共 50 条

[31] THE EFFECT OF A RAPID INCREASE IN THE MINIMUM WAGE IN THE CZECH REPUBLIC
Pavelka, Tomas
Picl, Michal
13TH INTERNATIONAL DAYS OF STATISTICS AND ECONOMICS, 2019, : 1179 - 1186
[32] THE EFFECT OF MINIMUM WAGES ON LOW-WAGE JOBS
Cengiz, Doruk
Dube, Arindrajit
Lindner, Attila
Zipperer, Ben
QUARTERLY JOURNAL OF ECONOMICS, 2019, 134 (03) : 1405 - 1454
[33] Does a One-Size-Fits-All Minimum Wage Cause Financial Stress for Small Businesses?
Chava, Sudheer
Oettl, Alexander
Singh, Manpreet
MANAGEMENT SCIENCE, 2023, 69 (11) : 7095 - 7117
[34] The Distributional Impacts of Minimum Wage Increases When Both Labor Supply and Labor Demand Are Endogenous
Ann, Tom
Arcidiacono, Peter
Wessels, Walter
JOURNAL OF BUSINESS & ECONOMIC STATISTICS, 2011, 29 (01) : 12 - 23
[35] The effect of doubling the minimum wage and decreasing taxes on inflation in Mexico
Campos-Vazquez, Raymundo M.
Esquivel, Gerardo
ECONOMICS LETTERS, 2020, 189
[36] The Effect of the Tipped Minimum Wage on Employees in the US Restaurant Industry
Even, William E.
Macpherson, David A.
SOUTHERN ECONOMIC JOURNAL, 2014, 80 (03) : 633 - 655
[37] How do firms adjust to rises in the minimum wage ? Survey evidence from Central and Eastern Europe
Bodnar, Katalin
Fadejeva, Ludmila
Iordache, Stefania
Malk, Liina
Paskaleva, Desislava
Pesliakaite, Jurga
Jemec, Natasa Todorovic
Toth, Peter
Wyszynski, Robert
IZA JOURNAL OF LABOR POLICY, 2018, 7
[38] How Do Firms Respond to Minimum Wage Increases? Understanding the Relevance of Non-Employment Margins
Clemens, Jeffrey
JOURNAL OF ECONOMIC PERSPECTIVES, 2021, 35 (01) : 51 - 72
[39] Effects of minimum wage legislation - Some evidence from small enterprises in the UK
Morris, D
Collier, T
Wood, G
INTERNATIONAL SMALL BUSINESS JOURNAL-RESEARCHING ENTREPRENEURSHIP, 2005, 23 (02): : 191 - 209
[40] The effect of minimum wage hikes on employment: Evidence from regional panel data from Romania
Pantea, Smaranda
ECONOMIC SYSTEMS, 2020, 44 (03)

← 1 2 3 4 5 →