The Economic Theory of Wage Regulation PDF Download
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Author: P. H. Douglas
Publisher:
ISBN:
Category : Industrial policy
Languages : en
Pages : 35
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Book Description
Author: P. H. Douglas
Publisher:
ISBN:
Category : Industrial policy
Languages : en
Pages : 35
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Book Description
Author: Sidney C. Sufrin
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 440
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Book Description
Author: George Joseph Stigler
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 216
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Book Description
Author: Edmund Dane
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 220
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Book Description
Author: André Müller
Publisher: GRIN Verlag
ISBN: 3346222772
Category : Political Science
Languages : en
Pages : 32
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Book Description
Seminar paper from the year 2020 in the subject Business economics - Economic Policy, grade: 1,7, SRH - Mobile University, language: English, abstract: The present paper aims at evaluating minimum wage laws. In order to reflect the topic, two countries – Germany and the United Kingdom –, which have already introduced minimum wages, are chosen as examples. Furthermore, the paper examines minimum wages from the perspective of two different economic theories on government intervention by introducing the neoclassical and the Keynesian approach. It investigates the observed actual impact and effectiveness of minimum wage legislation against the presented market theories as well as against the objectives and expectations raised by the legislation. Finally, the student paper gives a recommendation whether the introduction of minimum wages is actually worthwhile or not. The paper starts with a definition of the problem and introduces objectives as well as current relevance of the topic. Subsequently, the theoretical background is reflected. This includes the definition of the term minimum wage as well as presenting the neoclassical and the Keynesian economic theory. Chapter two finally ends with a short summary. Afterwards, the paper continues with Chapter three, which describes the minimum wage concepts of Germany and the United Kingdom. Therefore, the implementation track records explain the history, structure and the scope of the different minimum wage concepts. The critical discussion in chapter four finally evaluates the observed actual impact and effectiveness of minimum wages against the economic theories. Furthermore, it reflects the expectations and objectives which are raised by the government. The paper concludes with a summary and an outlook.
Author: Antonella Stirati
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
This study argues that the wage-fund theory played no part in the theory of wages expounded by Ricardo and his predecessors. It shows classical wage theory to be analytically consistent, but different from, contemporary theory, particularly as it did not envisage an inverse relationship between employment and the real wage level, and hence a spontaneous tendency to full employment of labour. The author bases her approach not only on a reinterpretation of Smith and Ricardo, but also on the writings of Turgot, Necker, Steuart, Hume, Cantillon and other pre-classical economists.
Author: Henry Ludwell Moore
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 218
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Book Description
Author: Eugen von Böhm-Bawerk
Publisher: Ludwig von Mises Institute
ISBN: 1610165152
Category : Economics
Languages : en
Pages : 62
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Book Description
Author: Richard Theodore Ely
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 30
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Book Description
Author: Richard T. Ely
Publisher:
ISBN: 9781473302365
Category : Business & Economics
Languages : en
Pages : 38
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Book Description
This early work by Richard T. Ely was originally published in 1908 and we are now republishing it with a brand new introductory biography. 'Economic Theory and Labor Legislation' is an academic essay on the history and development of economic ideas in relation to labor legislation. Richard Theodore Ely was born on 13th April 1854, in Ripley, New York, United States. Ely began his academic career as a professor and head of the Department of Political Economy at Johns Hopkins University, Baltimore, where he worked from 1881 to 1892. During this period, Ely co-founded the American Economic Association and served as the group's secretary. He stood as President of the organisation between 1899 and 1901. The Association still titles its annual keynote address the 'Richard T. Ely Lecture' in recognition of his services to the field. Ely published many works on politics and economics, including The Labor Movement in America (1886), Elementary Principles of Economics (1904), Property and Contract in their Relations to the Distribution of Wealth (1914), Russian Land Reform (1916), and many more.
