000 00991caa a22002053u 4500
008 s1981 wau g| 000 0 eng
020 _a084473425X
040 _aUk
_cUk
082 _a331.12
_bKRU
100 1 _aKrumm, Ronald J.
245 0 0 _aThe impact of the minimum wage on regional labor markets/
260 _aWashington :
_bAmerican Enterprise Institute for Public Policy Research,
_c1981.
520 _aThis 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.
590 _aaia 21/03/2019
591 _aLoans
600 _aMinimum wage
650 _aLabour markets
942 _2ddc
_cBOOK
949 _a331.12 KRU
999 _c15317
_d15317