The Optimal Minimum Wage with Regulatory Uncertainty
(2017)
Journal Article
Bennett, J., & Chioveanu, I. (2017). The Optimal Minimum Wage with Regulatory Uncertainty. Journal of Public Economic Theory, 19(6), 1136-1153. https://doi.org/10.1111/jpet.12276
For two different regulatory standards, we examine the optimal minimum wage in a competitive labor market when the government is uncertain about supply and demand. Solutions are related to underlying supply and demand conditions, and to the extent of... Read More about The Optimal Minimum Wage with Regulatory Uncertainty.