Minimum Wages and Appropriation of Quasi-Rents

4 Pages Posted: 9 Jun 2016

See all articles by Ryan Murphy

Ryan Murphy

Southern Methodist University (SMU)

Date Written: June 7, 2016


The appropriation of the quasi-rents from firms to labor is a more persuasive interpretation of the effects of minimum wages than is generally recognized.

Keywords: Minimum Wages, Quasi-Rents

JEL Classification: J38

Suggested Citation

Murphy, Ryan, Minimum Wages and Appropriation of Quasi-Rents (June 7, 2016). Available at SSRN: or

Ryan Murphy (Contact Author)

Southern Methodist University (SMU) ( email )

6212 Bishop Blvd.
Dallas, TX 75275
United States

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