Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/71366 
Year of Publication: 
2010
Series/Report no.: 
UCD Centre for Economic Research Working Paper Series No. WP10/28
Publisher: 
University College Dublin, UCD School of Economics, Dublin
Abstract: 
In a competitive model we ease the assumption that efficiency units of labour are the product of hours and workers. We show that a minimum wage may either increase or decrease hours per worker and the change will have the opposite sign to the slope of the equilibrium hours hourly wage locus. Similarly, total hours worked may rise or fall. We illustrate the results throughout with a Cobb-Douglas example.
Subjects: 
Minimum wages
Hours
Employment
JEL: 
J22
J38
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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