Allocating Jobs under a Minimum Wage: Queues vs. Lotteries
Publication
, Journal Article
GANG, IN; TOWER, E
Published in: Economic Record
January 1, 1990
In this paper we provide a simple diagrammatic technique for incorporating variable labour supply into the specific factors model We then use the framework to analyze the positive and normative effects of a minimum wage both with a broadly based employment lottery (on‐the‐job search) and with an employment queue (the Harris‐Todaro case). We discover that with a given minimum wage replacing the queue with a lottery may be welfare reducing. Copyright © 1990, Wiley Blackwell. All rights reserved
Duke Scholars
Published In
Economic Record
DOI
EISSN
1475-4932
ISSN
0013-0249
Publication Date
January 1, 1990
Volume
66
Issue
3
Start / End Page
186 / 194
Related Subject Headings
- Economics
- 3803 Economic theory
- 3802 Econometrics
- 3801 Applied economics
- 15 Commerce, Management, Tourism and Services
- 14 Economics
Citation
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MLA
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GANG, I. N., & TOWER, E. (1990). Allocating Jobs under a Minimum Wage: Queues vs. Lotteries. Economic Record, 66(3), 186–194. https://doi.org/10.1111/j.1475-4932.1990.tb01721.x
GANG, I. N., and E. TOWER. “Allocating Jobs under a Minimum Wage: Queues vs. Lotteries.” Economic Record 66, no. 3 (January 1, 1990): 186–94. https://doi.org/10.1111/j.1475-4932.1990.tb01721.x.
GANG IN, TOWER E. Allocating Jobs under a Minimum Wage: Queues vs. Lotteries. Economic Record. 1990 Jan 1;66(3):186–94.
GANG, I. N., and E. TOWER. “Allocating Jobs under a Minimum Wage: Queues vs. Lotteries.” Economic Record, vol. 66, no. 3, Jan. 1990, pp. 186–94. Scopus, doi:10.1111/j.1475-4932.1990.tb01721.x.
GANG IN, TOWER E. Allocating Jobs under a Minimum Wage: Queues vs. Lotteries. Economic Record. 1990 Jan 1;66(3):186–194.
Published In
Economic Record
DOI
EISSN
1475-4932
ISSN
0013-0249
Publication Date
January 1, 1990
Volume
66
Issue
3
Start / End Page
186 / 194
Related Subject Headings
- Economics
- 3803 Economic theory
- 3802 Econometrics
- 3801 Applied economics
- 15 Commerce, Management, Tourism and Services
- 14 Economics