Minimum wages, capital accumulation and worker's incomes:
Using an intertemporal model of saving and capital accumulation we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to scale, or if there are no differences in ability among wo...
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Munich
CESifo, Center for Economic Studies
2014
|
| Series: | CESifo working paper series
4821 : Category 4, Labour markets |
| Online Access: | Volltext |
| Summary: | Using an intertemporal model of saving and capital accumulation we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to scale, or if there are no differences in ability among workers. |
| Item Description: | Literaturverz. S.12 |
| Physical Description: | 12 S. |
Staff View
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Record in the Search Index
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| indexdate | 2024-07-10T01:11:40Z |
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| spelling | Oikonomidēs, Geōrgios ca. 20./21. Jh. Verfasser (DE-588)13562665X aut Minimum wages, capital accumulation and worker's incomes George Economides ; Thomas Moutos Munich CESifo, Center for Economic Studies 2014 12 S. txt rdacontent n rdamedia nc rdacarrier CESifo working paper series 4821 : Category 4, Labour markets Literaturverz. S.12 Using an intertemporal model of saving and capital accumulation we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to scale, or if there are no differences in ability among workers. Moutos, Thomas 1960- Verfasser (DE-588)113614225 aut CESifo working paper series 4821 : Category 4, Labour markets (DE-604)BV013978326 4821 http://www.cesifo-group.de/de/ifoHome/search/result.html?main.query=4821 Verlag kostenfrei Volltext |
| spellingShingle | Oikonomidēs, Geōrgios ca. 20./21. Jh Moutos, Thomas 1960- Minimum wages, capital accumulation and worker's incomes CESifo working paper series |
| title | Minimum wages, capital accumulation and worker's incomes |
| title_auth | Minimum wages, capital accumulation and worker's incomes |
| title_exact_search | Minimum wages, capital accumulation and worker's incomes |
| title_full | Minimum wages, capital accumulation and worker's incomes George Economides ; Thomas Moutos |
| title_fullStr | Minimum wages, capital accumulation and worker's incomes George Economides ; Thomas Moutos |
| title_full_unstemmed | Minimum wages, capital accumulation and worker's incomes George Economides ; Thomas Moutos |
| title_short | Minimum wages, capital accumulation and worker's incomes |
| title_sort | minimum wages capital accumulation and worker s incomes |
| url | http://www.cesifo-group.de/de/ifoHome/search/result.html?main.query=4821 |
| volume_link | (DE-604)BV013978326 |
| work_keys_str_mv | AT oikonomidesgeorgios minimumwagescapitalaccumulationandworkersincomes AT moutosthomas minimumwagescapitalaccumulationandworkersincomes |