Is there a need for a minimum wage?

Seminar Paper, 2017

Excerpt

1. Introduction
1.1. The concept of minimum wage and living wage
1.2. Research question

2. Theoretical background of minimum wage
2.1. Labor demand and supply model
2.2. Elasticity and inelasticity of labor demand and labor supply

3. Empirical analysis
3.1. Introduction of a minimum wage in Germany
3.2. Introduction of a minimum wage in the UK

4. Policy implications

5. Summary

Bibliography

Excerpt out of 23 pages

Details

Title: Is there a need for a minimum wage?
College: University Lutheran Church (Business Administration)
Course: Global Economy
Grade: 1
Authors: Wolfgang Steinhart (Author)Isolde Fastner (Author)Jürgen Gruber (Author)Patrick Peißl (Author)
Year: 2017
Pages: 23
Catalog Number: V369046
ISBN (eBook): 9783668497405
ISBN (Book): 9783668497412
File size: 771 KB
Language: English
Keywords: Minimum wage, macroeconomics, living wage

Quote paper: Wolfgang Steinhart (Author)Isolde Fastner (Author)Jürgen Gruber (Author)Patrick Peißl (Author), 2017, Is there a need for a minimum wage?, Munich, GRIN Verlag, https://www.grin.com/document/369046

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