Author | dc.contributor.author | Bauducco, Sofía | |
Author | dc.contributor.author | Janiak, Alexandre | |
Admission date | dc.date.accessioned | 2018-05-29T22:00:27Z | |
Available date | dc.date.available | 2018-05-29T22:00:27Z | |
Publication date | dc.date.issued | 2017 | |
Cita de ítem | dc.identifier.citation | Macroeconomic Dynamics Vol.21 (8): 2158-2169 | es_ES |
Identifier | dc.identifier.other | 10.1017/S1365100516000067 | |
Identifier | dc.identifier.uri | https://repositorio.uchile.cl/handle/2250/148318 | |
Abstract | dc.description.abstract | We show that, in the large-firm search model, employment may decrease even when the level of the introduced minimum wage lies below the equilibrium wage of the laissez-faire economy. Wages also decrease in the presence of the minimum wage. The argument is based on multiple equilibria and the idea that, in a large-firm context, the representative firm may choose to overemploy workers in order to renegotiate lower wages. | es_ES |
Patrocinador | dc.description.sponsorship | CONICYT PIA SOC 1402 / Fondecyt 1151053/ Milennium Institute for Research in Market Imperfections and Public Policy (Ministerio de Economa, Fomento y Turismo) ICM IS130002 | es_ES |
Lenguage | dc.language.iso | en | es_ES |
Publisher | dc.publisher | Cambridge University Press | es_ES |
Source | dc.source | Macroeconomic Dynamics | es_ES |
Keywords | dc.subject | Minimum Wage | es_ES |
Keywords | dc.subject | Employment | es_ES |
Keywords | dc.subject | Search | es_ES |
Keywords | dc.subject | Large Firm | es_ES |
Título | dc.title | A note on the large-firm matching model: can a nonbinding minimum wage reduce wages and employment? | es_ES |
Document type | dc.type | Artículo de revista | |
dcterms.accessRights | dcterms.accessRights | Acceso a solo metadatos | es_ES |
Cataloguer | uchile.catalogador | tjn | es_ES |
Indexation | uchile.index | Artículo de publicación ISI | es_ES |