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Journal cover: International Journal of Manpower

International Journal of Manpower

ISSN: 0143-7720

Online from: 1980

Subject Area: Economics

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The Unemployment Effects of Minimum Wages


Document Information:
Title:The Unemployment Effects of Minimum Wages
Author(s):Gary S. Fields, (Cornell University, USA and DELTA, Paris)
Citation:Gary S. Fields, (1994) "The Unemployment Effects of Minimum Wages", International Journal of Manpower, Vol. 15 Iss: 2/3, pp.74 - 81
Keywords:Economy, Labour market, Minimum wage, Pay, Pay, Unemployment
Article type:Research paper / Literature review
DOI:10.1108/01437729410059323 (Permanent URL)
Publisher:MCB UP Ltd
Abstract:Analyses the effect of a minimum wage on unemployment. Using a model with covered and non-covered sectors, comparative static analysis is performed with respect to the elasticity of demand for labour in the covered sector, the elasticity of the wage in the non-covered sector with respect to the size of the non-covered sector labour force, and the size of the minimum wage. It turns out, contrary to the existing literature, that for none of these parameters is the comparative static effect unidirectional.



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