Question
1.Explain the theoretical effect of the minimum wage on employment, wages, and earnings in a growing economy. What are the expected effects on the uncovered
1.Explain the theoretical effect of the minimum wage on employment, wages, and earnings in a growing economy. What are the expected effects on the uncovered sectors?
2.Discuss the major empirical estimates of the employment effects of the minimum wage. Also, explain whether (or not) the minimum wage flights poverty.
3.Discuss the effects of minimum wage legislation under monopsony
4.Analyze the effects of mandated employer provision of health insurance, on employment and wages, especially the effects on part-time employment.
5.Analyze why part-time employment has grown as a share of total employment over the past three or four decades.
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