research article
oaioai:kops.uni-konstanz.de:123456789/11788

Minimum wage increases can lead to wage reductions by imperfectly competitive firms

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Publication date
1 January 2006
Publisher
Doi

    Abstract

    In a model with imperfect competition and multiple equilibria we show how an increase in the minimum wage can lead firms to reduce wages (and employment). We find some empirical support for this in the Card Krueger minimum wage data.publishe

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    This paper was published in KOPS - The Institutional Repository of the University of Konstanz.

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