The minimum wage and labor market outcomes / Christopher J. Flinn.

Format:

Book

Author/Creator:

Flinn, Christopher J., author.

Language:

English

Subjects (All):

Minimum wage.

Labor market.

Physical Description:

1 online resource (xii, 306 pages) : illustrations

Place of Publication:

Cambridge, Mass. : MIT Press, [2010]

System Details:

text file

Summary:

Christopher Flinn presents an introduction to a search and bargaining model that can be used to assess the welfare effects of minimum wage changes and to determine an 'optimal' minimum wage.

"The development of the model and the econometric theory underlying its estimation are carefully presented so as to enable readers unfamiliar with the econometrics of point process models and dynamic optimization in continuous time to follow the arguments. Although most of the book focuses on the case where only the unemployed search for jobs in a homogeneous labor market environment, later chapters introduce on-the-job search into the model, and explore its implications for minimum wage policy. The book also contains a chapter describing how individual heterogeneity can be introduced into the search, matching, and bargaining framework."--Provided by publisher.

Notes:

OCLC-licensed vendor bibliographic record.

ISBN:

9780262289399

0262289393

OCLC:

707080455

Access Restriction:

Restricted for use by site license.