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題名 A comment on labor markets, unemployment, and minimum wages: A new view
作者 Lin, Chung-cheng
貢獻者 財政系
關鍵詞 Studies; Labor market; Unemployment; Economic theory; Economic models
日期 2001
上傳時間 4-Nov-2014 18:11:12 (UTC+8)
摘要 In a job-hour model, Palley (1995) focuses on the case where workers and hours are two separate production inputs and finds that the labor market may be in a state of involuntary unemployment. This paper extends Palley`s analysis to the case where workers and hours can be treated as a single factor and finds that the labor market equilibrium will be characterized by full employment. It then extends that model to take into account an additional instrument-fringe benefits. In the extended job-hour model containing two instruments (wage and unemployment benefits) and two targets (employment and hours), it is shown that the labor market may still result in a state of involuntary unemployment if workers and hours are separate inputs.
關聯 Eastern Economic Journal, 27(1), 71-82
資料類型 article
dc.contributor 財政系en_US
dc.creator (作者) Lin, Chung-chengen_US
dc.date (日期) 2001en_US
dc.date.accessioned 4-Nov-2014 18:11:12 (UTC+8)-
dc.date.available 4-Nov-2014 18:11:12 (UTC+8)-
dc.date.issued (上傳時間) 4-Nov-2014 18:11:12 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/71123-
dc.description.abstract (摘要) In a job-hour model, Palley (1995) focuses on the case where workers and hours are two separate production inputs and finds that the labor market may be in a state of involuntary unemployment. This paper extends Palley`s analysis to the case where workers and hours can be treated as a single factor and finds that the labor market equilibrium will be characterized by full employment. It then extends that model to take into account an additional instrument-fringe benefits. In the extended job-hour model containing two instruments (wage and unemployment benefits) and two targets (employment and hours), it is shown that the labor market may still result in a state of involuntary unemployment if workers and hours are separate inputs.en_US
dc.format.extent 607919 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) Eastern Economic Journal, 27(1), 71-82en_US
dc.subject (關鍵詞) Studies; Labor market; Unemployment; Economic theory; Economic modelsen_US
dc.title (題名) A comment on labor markets, unemployment, and minimum wages: A new viewen_US
dc.type (資料類型) articleen