1.

Record Nr.

UNINA9910816630603321

Autore

Flinn Christopher J.

Titolo

The minimum wage and labor market outcomes / / Christopher J. Flinn

Pubbl/distr/stampa

Cambridge, Mass., : MIT Press, ©2010

ISBN

9786613020086

9780262288767

0262288761

9781283020084

1283020084

9780262289399

0262289393

Edizione

[1st ed.]

Descrizione fisica

1 online resource (321 p.)

Collana

MIT Press.

Classificazione

BUS021000BUS038000

Disciplina

331.2/3

Soggetti

Minimum wage

Labor market

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Introduction -- Descriptive evidence on minimum wage effects -- A model of minimum wage effects on labor market careers -- Labor market and welfare impacts of minimum wages -- Minimum wage effects on labor market outcomes : a selective survey -- Assessing the welfare impacts of actual changes in the minimum wage -- Econometric issues -- Model estimates and tests -- Optimal minimum wages.

Sommario/riassunto

Christopher Flinn presents an introduction to a search & bargaining model that can be used to assess the welfare effects of minimum wage changes & to determine an 'optimal' minimum wage.

"The development of the model and the econometric theory underlying its estimation are carefully presented so as to enable readers unfamiliar with the econometrics of point process models and dynamic optimization in continuous time to follow the arguments. Although most of the book focuses on the case where only the unemployed search for jobs in a homogeneous labor market environment, later



chapters introduce on-the-job search into the model, and explore its implications for minimum wage policy. The book also contains a chapter describing how individual heterogeneity can be introduced into the search, matching, and bargaining framework."--Provided by publisher.