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dc.contributor.authorDanziger, Leifen_US
dc.date.accessioned2009-10-28en_US
dc.date.accessioned2010-07-07T12:03:40Z-
dc.date.available2010-07-07T12:03:40Z-
dc.date.issued2009en_US
dc.identifier.piurn:nbn:de:101:1-20090825591en_US
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_US
dc.language.isoengen_US
dc.publisherForschungsinst. zur Zukunft der Arbeit Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 4320en_US
dc.subject.jelJ38en_US
dc.subject.ddc330en_US
dc.subject.keywordEndogenous monopsonyen_US
dc.subject.keywordminimum wageen_US
dc.subject.keywordnoncomplianceen_US
dc.subject.keywordsmall firmsen_US
dc.subject.stwMindestlohnen_US
dc.subject.stwKlein- und Mittelunternehmenen_US
dc.subject.stwArbeitsnachfrageen_US
dc.subject.stwMonopsonen_US
dc.subject.stwBeschäftigungseffekten_US
dc.subject.stwNormbefolgungen_US
dc.subject.stwTheorieen_US
dc.titleEndogenous monopsony and the perverse effect of the minimum wage in small firmsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn609425897en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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