{"product_id":"minimum-wages-and-employment-static-and-dynamic-non-market-clearing-equilibrium-models-von-c-ragacs","title":"Minimum Wages and Employment","description":"Christian Ragacs develops contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed; two of them comparative static in nature and two models of endogenous growth. The results are contradictory - partly supporting the 'textbook' theory and partly yielding unorthodox results, such as no change in the steady state rates of growth and employment.\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9781349517565\"\u003e\u003ch3\u003eStatic and Dynamic Non-Market-Clearing Equilibrium Models\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9781349517565","offer_id":39416351752285,"sku":"9781349517565","price":53.49,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/c4531ea5-3fac-4dbb-bddc-10d0cd7f8122.jpg?v=1775621172","url":"https:\/\/shop.autorenwelt.de\/products\/minimum-wages-and-employment-static-and-dynamic-non-market-clearing-equilibrium-models-von-c-ragacs","provider":"Autorenwelt Shop","version":"1.0","type":"link"}