Minimum wages in monopsonistic labor markets
Over the last 30 years, researchers have disputed the mixed evidence of the effect of the minimum wage on teenage employment in the United States. Whenever the minimum wage has positive or no effects on employment, they appeal to monopsony models to explain their results. However, very few of these...
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| Format: | Article |
| Language: | English |
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Sciendo
2020-11-01
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| Series: | IZA Journal of Labor Economics |
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| Online Access: | https://doi.org/10.2478/izajole-2020-0007 |