Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/35876 
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dc.contributor.authorDanziger, Leifen
dc.date.accessioned2009-10-28-
dc.date.accessioned2010-07-07T12:03:40Z-
dc.date.available2010-07-07T12:03:40Z-
dc.date.issued2009-
dc.identifier.piurn:nbn:de:101:1-20090825591en
dc.identifier.urihttp://hdl.handle.net/10419/35876-
dc.description.abstractThe minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into endogenous monopsonists, the minimum wage rate has the perverse effect of reducing employment in small firms as well as what these firms offer their workers. Thus, if there are only small firms, the minimum wage rate makes all workers that would be employed in the absence of a minimum wage rate worse off.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x4320en
dc.subject.jelJ38en
dc.subject.ddc330en
dc.subject.keywordEndogenous monopsonyen
dc.subject.keywordminimum wageen
dc.subject.keywordnoncomplianceen
dc.subject.keywordsmall firmsen
dc.subject.stwMindestlohnen
dc.subject.stwKlein- und Mittelunternehmenen
dc.subject.stwArbeitsnachfrageen
dc.subject.stwMonopsonen
dc.subject.stwBeschäftigungseffekten
dc.subject.stwNormbefolgungen
dc.subject.stwTheorieen
dc.titleEndogenous monopsony and the perverse effect of the minimum wage in small firms-
dc.type|aWorking Paperen
dc.identifier.ppn609425897en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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