Allocating Jobs under a Minimum Wage: Queues vs. Lotteries

IRA N. GANG; EDWARD TOWER

doi:10.1111/j.1475-4932.1990.tb01721.x

Allocating Jobs under a Minimum Wage: Queues vs. Lotteries

IRA N. GANG
, EDWARD TOWER

School of Arts and Sciences, Economics

Research output: Contribution to journal › Article › peer-review

3 Scopus citations

Abstract

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.

Original language	English (US)
Pages (from-to)	186-194
Number of pages	9
Journal	Economic Record
Volume	66
Issue number	3
DOIs	https://doi.org/10.1111/j.1475-4932.1990.tb01721.x
State	Published - Sep 1990

All Science Journal Classification (ASJC) codes

Economics and Econometrics

Access to Document

10.1111/j.1475-4932.1990.tb01721.x

Cite this

@article{f2482fcc0879403f99ac396a32e2194b,

title = "Allocating Jobs under a Minimum Wage: Queues vs. Lotteries",

abstract = "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.",

author = "GANG, \{IRA N.\} and EDWARD TOWER",

year = "1990",

month = sep,

doi = "10.1111/j.1475-4932.1990.tb01721.x",

language = "English (US)",

volume = "66",

pages = "186--194",

journal = "Economic Record",

issn = "0013-0249",

publisher = "Wiley-Blackwell Publishing Ltd",

number = "3",

}

TY - JOUR

T1 - Allocating Jobs under a Minimum Wage

T2 - Queues vs. Lotteries

AU - GANG, IRA N.

AU - TOWER, EDWARD

PY - 1990/9

Y1 - 1990/9

N2 - 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.

AB - 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.

UR - https://www.scopus.com/pages/publications/84984483744

UR - https://www.scopus.com/pages/publications/84984483744#tab=citedBy

U2 - 10.1111/j.1475-4932.1990.tb01721.x

DO - 10.1111/j.1475-4932.1990.tb01721.x

M3 - Article

AN - SCOPUS:84984483744

SN - 0013-0249

VL - 66

SP - 186

EP - 194

JO - Economic Record

JF - Economic Record

IS - 3

ER -

Allocating Jobs under a Minimum Wage: Queues vs. Lotteries

Abstract

All Science Journal Classification (ASJC) codes

Access to Document

Other files and links

Fingerprint

Cite this