Minimum Wages and Appropriation of Quasi-Rents
4 Pages Posted: 9 Jun 2016
Date Written: June 7, 2016
Abstract
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: Suggested Citation
Murphy, Ryan, Minimum Wages and Appropriation of Quasi-Rents (June 7, 2016). Available at SSRN: https://ssrn.com/abstract=2791778 or http://dx.doi.org/10.2139/ssrn.2791778
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