Deserving poor and the desirability of a minimum wage
Abstract This paper provides a normative justification for the use of a minimum wage as a redistributive tool in a competitive labor market. We show that a government interested in improving the wellbeing of the deserving poor, while being less concerned with their undeserving counterparts, can use...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2018-07-01
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| Series: | IZA Journal of Labor Economics |
| Subjects: | |
| Online Access: | http://link.springer.com/article/10.1186/s40172-018-0066-7 |