The shadow price of foreign exchange with minimum wages

Authors
Kreickemeier, U
Citation
U. Kreickemeier, The shadow price of foreign exchange with minimum wages, ECON LETT, 72(3), 2001, pp. 369-373
Citations number
10
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
72
Issue
3
Year of publication
2001
Pages
369 - 373
Database
ISI
SICI code
0165-1765(200109)72:3<369:TSPOFE>2.0.ZU;2-N
Abstract
This note derives the shadow price of foreign exchange in a small open econ omy with minimum wage unemployment under tariffs, quotas and voluntary expo rt restraints. The analysis is conducted in a dual general equilibrium fram ework with many goods and factors. (C) 2001 Elsevier Science B.V. All right s reserved.