TY  - RPRT
        AU  - Brown, Alessio J. G.
AU  - Merkl, Christian
AU  - Snower, Dennis J.
        TI  - The Minimum Wage from a Two-Sided Perspective
        PY  - 2014/Jun/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 8252
        UR  - https://www.iza.org/index.php/publications/dp8252
        AB  - This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment, since their job-offer disincentives are countervailed by their job-acceptance incentives.
        KW  - job acceptance
KW  - minimum wage
KW  - labor market
KW  - employment
KW  - unemployment
KW  - job offer
        ER  -