A Comment on "Labor Markets, Unemployment, and Minimum Wages: A New View."

Palley (1995) recently built a job-hour model to provide us with a new view regarding the reason for unemployment and the positive employment effect of a minimum wage hike. This paper points out some difficulties with his explanation of his paper's findings and tries to provide an alternative explanation.

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Year of publication:	2001
Authors:	Lin, Chung-cheng
Published in:	Eastern Economic Journal. - Eastern Economic Association - EEA, ISSN 0094-5056. - Vol. 27.2001, 1, p. 71-82
Publisher:	Eastern Economic Association - EEA
Subject:	Employment \| Unemployment \| Wage

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Extent:	application/pdf
Type of publication:	Article
Classification:	E24 - Employment; Unemployment; Wages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005769925