The minimum wage from a two-sided perspective

被引：16
作者：
Brown, Alessio J. G. [4 ]
Merkl, Christian [1 ,3 ,4 ]
Snower, Dennis J. [1 ,2 ,4 ,5 ]
机构：
[1] Kiel Inst World Econ, Kiel, Germany
[2] Univ Kiel, Kiel, Germany
[3] Univ Erlangen Nurnberg, Nurnberg, Germany
[4] IZA, Bonn, Germany
[5] CEPR, Washington, DC USA
来源：
ECONOMICS LETTERS | 2014年 / 124卷 / 03期
关键词：
Minimum wage; Labor market; Employment; Unemployment; Job offer; Job acceptance;
D O I：
10.1016/j.econlet.2014.06.020
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment, since their job-offer disincentives are countervailed by their job-acceptance incentives. (C) 2014 Elsevier B.V. All rights reserved.
引用
收藏
页码：389 / 391
页数：3
相关论文
共 50 条
  • [31] Explaining cross-racial differences in teenage labor force participation: Results from a two-sided matching model
    Ahn, Tom
    Arcidiacono, Peter
    Murphy, Alvin
    Swinton, Omari
    JOURNAL OF ECONOMETRICS, 2010, 156 (01) : 201 - 211
  • [32] From a Narrowly Defined Minimum Wage to Broader Wage Policy
    Levin-Waldman, Oren M.
    REVIEW OF SOCIAL ECONOMY, 2011, 69 (01) : 77 - 96
  • [33] HOW DOES DECENTRALIZED MINIMUM WAGE SETTING AFFECT EMPLOYMENT AND INFORMALITY? THE CASE OF INDONESIA
    Comola, Margherita
    de Mello, Luiz
    REVIEW OF INCOME AND WEALTH, 2011, 57 : S79 - S99
  • [34] THE MINIMUM WAGE IN SLOVAKIA IN COMPARATION WITH SELECTED EU COUNTRIES
    Palascakova, Daniela
    Vlckova, Viera
    AKTUALNE PROBLEMY PODNIKOVEJ SFERY 2014, 2014, : 390 - 396
  • [35] JOB AND WAGE MOBILITY WITH MINIMUM WAGES AND IMPERFECT COMPLIANCE
    Eckstein, Zvi
    Ge, Suqin
    Petrongolo, Barbara
    JOURNAL OF APPLIED ECONOMETRICS, 2011, 26 (04) : 580 - 612
  • [36] Minimum Wage and Ethnic-Gaps: Who are the Winners?
    Chavez, Carlos
    JOURNAL OF ECONOMICS RACE AND POLICY, 2024, 7 (02) : 93 - 121
  • [37] The Minimum Wage: Labor Market Consequences in the Czech Republic
    Fialova, Kamila
    Mysikova, Martina
    FINANCE A UVER-CZECH JOURNAL OF ECONOMICS AND FINANCE, 2009, 59 (03): : 255 - 274
  • [38] Minimum wages, wage dispersion and financial constraints in firms
    Arabzadeh, Hamzeh
    Balleer, Almut
    Gehrke, Britta
    Taskin, Ahmet Ali
    EUROPEAN ECONOMIC REVIEW, 2024, 163
  • [39] Minimum wage and spillover effects in a minimum wage society
    Sefil-Tansever, Sinem
    Yilmaz, Ensar
    LABOUR-ENGLAND, 2024, 38 (01): : 150 - 176
  • [40] The effect of minimum wage on firm markup: Evidence from China
    Du, Pengcheng
    Wang, Shuxun
    ECONOMIC MODELLING, 2020, 86 : 241 - 250
12345