A NOTE ON THE LARGE-FIRM MATCHING MODEL: CAN A NONBINDING MINIMUM WAGE REDUCE WAGES AND EMPLOYMENT?

Bauducco Sofia; Janiak Alexandre

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A NOTE ON THE LARGE-FIRM MATCHING MODEL: CAN A NONBINDING MINIMUM WAGE REDUCE WAGES AND EMPLOYMENT?

机译：关于大型匹配模型的注释：无约束的最低工资可以减少工资和就业吗？

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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.

机译：我们证明，在大公司搜索模型中，即使引入的最低工资水平低于自由放任经济的均衡工资，就业也可能减少。在最低工资的情况下，工资也会下降。该论点是基于多重均衡和这样的观点，即在大型企业的背景下，代表公司可能选择过度雇佣工人以重新谈判较低的工资。

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来源
《Macroeconomic dynamics》 |2017年第8期|2158-2169|共12页
作者
Bauducco Sofia; Janiak Alexandre;
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作者单位

Cent Bank Chile, Santiago, Chile;

Univ Chile, Santiago, Chile;

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原文格式 PDF
正文语种 eng
中图分类
关键词
Minimum Wage; Employment; Search; Large Firm;

机译：最低工资;就业;搜索;大公司;

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A NOTE ON THE LARGE-FIRM MATCHING MODEL: CAN A NONBINDING MINIMUM WAGE REDUCE WAGES AND EMPLOYMENT?

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