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The Effect of Minimum Wage Legislation on Income Equality: A TheoreticalAnalysis

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NBER1977-03-01 更新2025-01-04 收录
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Minimum wage legislation is frequently advocated in the belief that itcreates a more nearly equal distribution of income. A one-sector model of general equilibrium is used to analyze a universally applicable minimum wage, and a two-sector model is used to analyze a minimum wage that is only applied

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1977-03-01
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