The impact of the minimum wage on regional labor markets/
Krumm, Ronald J.
The impact of the minimum wage on regional labor markets/ - Washington : American Enterprise Institute for Public Policy Research, 1981.
This paper investigates the impact of labor markets and economies of agglomeration on firms location. We show that the existence of a lower bound on wage (e.g. a minimum wage or a reservation wage) introduces asymmetric location of firms. Moreover, changes in that lower bound or in global product demand may induce irreversible changes in location equilibria. Asymmetries in firms location may thus emerge and persist.
084473425X
Minimum wage
Labour markets
331.12 / KRU
The impact of the minimum wage on regional labor markets/ - Washington : American Enterprise Institute for Public Policy Research, 1981.
This paper investigates the impact of labor markets and economies of agglomeration on firms location. We show that the existence of a lower bound on wage (e.g. a minimum wage or a reservation wage) introduces asymmetric location of firms. Moreover, changes in that lower bound or in global product demand may induce irreversible changes in location equilibria. Asymmetries in firms location may thus emerge and persist.
084473425X
Minimum wage
Labour markets
331.12 / KRU