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    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/71123

    Title: A comment on labor markets, unemployment, and minimum wages: A new view
    Authors: Lin, Chung-cheng
    Contributors: 財政系
    Keywords: Studies;Labor market;Unemployment;Economic theory;Economic models
    Date: 2001
    Issue Date: 2014-11-04 18:11:12 (UTC+8)
    Abstract: In a job-hour model, Palley (1995) focuses on the case where workers and hours are two separate production inputs and finds that the labor market may be in a state of involuntary unemployment. This paper extends Palley's analysis to the case where workers and hours can be treated as a single factor and finds that the labor market equilibrium will be characterized by full employment. It then extends that model to take into account an additional instrument-fringe benefits. In the extended job-hour model containing two instruments (wage and unemployment benefits) and two targets (employment and hours), it is shown that the labor market may still result in a state of involuntary unemployment if workers and hours are separate inputs.
    Relation: Eastern Economic Journal, 27(1), 71-82
    Data Type: article
    Appears in Collections:[財政學系] 期刊論文

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