G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w1877
来源IDWorking Paper 1877
Models of Firm Behavior Under Minimum Wage Legislation
David E. Bloom; Gilles Grenier
发表日期1986-03-01
出版年1986
语种英语
摘要This paper sets out three simple models of firm behavior under minimum wage legislation. The key feature of these models is that they account for important aspects of the government's mechanism for monitoring and enforcing compliance with the minimum wage law. The major results of the paper are (1) that minimum wage legislation does not generally lead to upward movements along labor demand curves but rather, that it often leads to movements off, and to the left, of the labor demand curve; (2) that minimum wage legislation is likely to have a positive effect on the distribution of wages paid to workers who would earn less than the minimum in the absence of the legislation, but is not likely to bring all of those workers up to the minimum; and (3) that imposing additional penalties on second offenders promotes compliance by firms with no previous violations. The paper considers the implications of these results for empirical work on the adverse employment effects of minimum wage legislation andfor the design of government compliance mechanisms.
主题Labor Economics ; Public Economics
URLhttps://www.nber.org/papers/w1877
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/559124
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GB/T 7714
David E. Bloom,Gilles Grenier. Models of Firm Behavior Under Minimum Wage Legislation. 1986.
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