The minimum wage from a two-sided perspective

被引：16
|
作者：
Brown, Alessio J. G. [4 ]
Merkl, Christian [1 ,3 ,4 ]
Snower, Dennis J. [1 ,2 ,4 ,5 ]
机构：
[1] Kiel Inst World Econ, Kiel, Germany
[2] Univ Kiel, Kiel, Germany
[3] Univ Erlangen Nurnberg, Nurnberg, Germany
[4] IZA, Bonn, Germany
[5] CEPR, Washington, DC USA
来源：
ECONOMICS LETTERS | 2014年 / 124卷 / 03期
关键词：
Minimum wage; Labor market; Employment; Unemployment; Job offer; Job acceptance;
D O I：
10.1016/j.econlet.2014.06.020
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment, since their job-offer disincentives are countervailed by their job-acceptance incentives. (C) 2014 Elsevier B.V. All rights reserved.
引用
收藏
页码：389 / 391
页数：3
相关论文
共 50 条
  • [1] Wage posting in two-sided search and the minimum wage
    Masters, AM
    INTERNATIONAL ECONOMIC REVIEW, 1999, 40 (04) : 809 - 826
  • [2] Future of Media: A Two-Sided Market Perspective
    Sridhar, Varadharajan
    2012 IEEE Technology Time Machine Symposium (TTM), 2012,
  • [3] The Power of Two-Sided Recruitment in Two-Sided Markets
    Cai, Yang
    Liaw, Christopher
    Mehta, Aranyak
    Zhao, Mingfei
    PROCEEDINGS OF THE 56TH ANNUAL ACM SYMPOSIUM ON THEORY OF COMPUTING, STOC 2024, 2024, : 201 - 212
  • [4] INTERNATIONAL CAPITAL FLOW, VANISHING INDUSTRIES AND TWO-SIDED WAGE INEQUALITY
    Marjit, Sugata
    Kar, Saibal
    PACIFIC ECONOMIC REVIEW, 2013, 18 (05) : 574 - 583
  • [5] Properties of the minimum point of an unbalanced two-sided random walk
    Ding, KY
    COMMUNICATIONS IN STATISTICS-THEORY AND METHODS, 2001, 30 (11) : 2393 - 2414
  • [6] A Two-Sided Perspective on Supplier Dependence in IS Outsourcing Dyads
    Kaiser, Jasmin
    Widjaja, Thomas
    Buxmann, Peter
    PROCEEDINGS OF THE 46TH ANNUAL HAWAII INTERNATIONAL CONFERENCE ON SYSTEM SCIENCES, 2013, : 4709 - 4718
  • [7] The Pricing of Academic Journals: A Two-Sided Market Perspective
    Jeon, Doh-Shin
    Rochet, Jean-Charles
    AMERICAN ECONOMIC JOURNAL-MICROECONOMICS, 2010, 2 (02) : 222 - 255
  • [8] The quality of credit ratings: A two-sided market perspective
    Ponce, Jorge
    ECONOMIC SYSTEMS, 2012, 36 (02) : 294 - 306
  • [9] Regulating Paid Peering: A Two-Sided Market Perspective
    Nikkhah, Ali
    Jordan, Scott
    IEEE OPEN JOURNAL OF THE COMMUNICATIONS SOCIETY, 2024, 5 : 2016 - 2038
  • [10] Two-sided boundary stabilization of two linear hyperbolic PDEs in minimum time
    Auriol, Jean
    Di Meglio, Florent
    2016 IEEE 55TH CONFERENCE ON DECISION AND CONTROL (CDC), 2016, : 3118 - 3124
12345