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The minimum wage from a two-sided perspective

机译:从两面看最低工资

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This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment, since their job-offer disincentives are countervailed by their job-acceptance incentives.
机译:本文从两方面的理论角度阐明了最低工资对就业的影响,即企业的工作机会和工人的工作接受决定被解开。最低工资降低了工作机会激励措施,并增加了工作接受动机。我们证明,足够低的最低工资可能不会对就业造成损害,因为他们的工作提供动机受到了他们的工作接受动机的抵消。

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