๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

On the Long-Run Growth Effects of a Minimum Wage for a Two-Sector Economy

โœ Scribed by PASQUALE M. SGRO; AKIRA TAKAYAMA


Book ID
115286386
Publisher
John Wiley and Sons
Year
1981
Tongue
English
Weight
392 KB
Volume
57
Category
Article
ISSN
0013-0249

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We develop a two-sector monetary economy with human capital accumulation and a cash constraint applied to both consumption and investment to examine the ways in which social status affects the impact of monetary policy on the long-run economic growth rate. Our findings suggest that the formation of