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Ryan H Murphy
''Minimum wages and appropriation of quasi-rents''
( 2016, Vol. 36 No.4 )
This note argues that 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, Unemployment, Labor Markets
JEL: J3 - Wages, Compensation, and Labor Costs: General
D2 - Production and Organizations: General
Manuscript Received : Sep 23 2016 Manuscript Accepted : Nov 29 2016

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