Minimum Wages and Employment by Christian Ragacs
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Minimum Wages and Employment

Minimum Wages and Employment


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About the Book

Christian Ragacs develops contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed; two of them comparative static in nature and two models of endogenous growth. The results are contradictory - partly supporting the 'textbook' theory and partly yielding unorthodox results, such as no change in the steady state rates of growth and employment.
About the Author: CHRISTIAN RAGACS is Assistant Professor at the Vienna University of Economic and Business Administration. He teaches courses on economic policy, micro- and macroeconomics and economic growth. He received the Theodor-Körner prize for his contribution to growth policy in 1997. His fields of research are economic growth and labour economics.


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Product Details
  • ISBN-13: 9781403934987
  • Publisher: Palgrave MacMillan
  • Publisher Imprint: Palgrave Macmillan
  • Edition: 2004 ed.
  • Language: English
  • Returnable: Y
  • Spine Width: 17 mm
  • Weight: 435 gr
  • ISBN-10: 1403934983
  • Publisher Date: 08 Jun 2004
  • Binding: Hardback
  • Height: 224 mm
  • No of Pages: 191
  • Series Title: English
  • Sub Title: Static and Dynamic Non-Market-Clearing Equilibrium Models
  • Width: 144 mm


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