A Comment on "The consequences of the minimum wage when other wages are bargained over"

Cahuc, Saint-Martin, and Zylberberg (2001) show numerically that a minimum wage hike can increase both skilled and unskilled employment in a right-to-manage wage bargaining setting. This comment demonstrates that this result crucially depends on an implicitly unrealistic choice for the skilled workers' alternative wage.

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Year of publication:	2010
Authors:	Wiemers, Jürgen
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 30.2010, 1, p. 374-382
Publisher:	AccessEcon
Subject:	Minimum wage \| Wage bargaining \| Employment

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	J3 - Wages, Compensation, and Labor Costs ; J2 - Time Allocation; Work Behavior; Employment Determination and Creation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008562819