{"product_id":"9781403934987","title":"Minimum Wages and Employment: Static and Dynamic Non-Market Clearing Equilibrium Models","description":"\u003cp\u003eChristian Ragacs develops new contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed; two of them comparative static in nature and two models of endogenous growth. The results are contradictory--partly supporting the \"textbook\" theory and partly yielding unorthodox results, such as no change in the steady state rates of growth and employment.\u003cbr\u003e\u003c\/p\u003e","brand":"Palgrave Macmillan UK","offers":[{"title":"Default Title","offer_id":47040783384816,"sku":"9781403934987","price":135.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781403934987_p0.jpg?v=1763717584","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781403934987","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}