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ArtikelA Note on International Trade With A Minimum Wage and An Endogenous Labor Supply Economy  
Oleh: Inoue, Tadashi ; Itsumi, Yoshitaka
Jenis: Article from Bulletin/Magazine
Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 33 no. 1 (1992), page 239-244.
Topik: INTERNATIONAL TRADE; international trade; minimum wage; endogenous labor supply
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: II49.2
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelAssuming a separable utility function of two traded goods and leisure, Brecher's minimum wage economy is generalized. An elastic, but not perfectly elastic, foreign offer curve is assumed. The effects of changes in factor endowments, foreign trade, the wage rate, a consumption tax and tariff, on social welfare and the demand for labor are considered. In particular, the optimal consumption tax and optimal tariff formulae are derived. The ranking of various trade policies is shown to depend on the assumption concerning factor intensity.
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